PE-owned Riverbed Technology to acquire VC-backed Xirrus

Riverbed Techology, which is owned by Thoma Bravo, HarbourVest and Ontario Teachers' Pension Plan, has agreed to acquire Thousand Oaks, California-based Xirrus, a provider of next-generation Wi-Fi networks. No financial terms were disclosed. Xirrus was backed by August Capital, Canaan Partners, InterWest Partners, QuestMark Partners and US Venture Partners.

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