Riverbed

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Riverbed Technology, Inc

logo
legal form Corporation
founding 2002
Seat San Francisco , California
management Paul Mountford (CEO)
Hansang Bae (CTO)
Subbu Iyer (CMO)
Paul O'Farrell (SVP & GM)
Mike Sargent (SVP & GM)
Website riverbed.com/de

Riverbed Technology , Inc. is a US IT company. Riverbed offers software and hardware with a focus on network performance monitoring , application performance management, edge computing , WLAN and wide area networks (WANs), SD-WAN and WAN optimization .

Riverbed's headquarters are in San Francisco .

history

Jerry Kennelly, former CEO and Steve McCanne, former CTO, founded a technology company called NBT (Next Big Thing) Technology in May 2002. In 2003 the company was renamed Riverbed Technology. Kennelly and McCanne led the in-house development of the first SteelHead devices, the 500, 1000, 2000 and 5000 models. The first SteelHead was delivered to Environment Canada , the Canadian Department of the Environment, in 2004 .

As of September 2006, Riverbed was traded on the NASDAQ . Prior to 2009, Riverbed opened an office in the University of Illinois Research Park at Urbana Champaign.

In February 2014, US hedge fund Elliott Management Corporation offered $ 3.36 billion to acquire Riverbed. An offer of $ 3.08 billion had previously been rejected.

In October 2014, ZDNet reported on the acquisition of the Riverbed SteelStore series for backup and security by NetApp . NetApp later renamed the products "AltaVault".

On December 15, 2014, Riverbed announced the acquisition by private equity firm Thoma Bravo , LLC and Teachers 'Private Capital, the private investment division of the Ontario Teachers' Pension Plan. The scope was estimated at $ 3.6 billion and completed in April 2015.

On April 3, 2018, co-founder and CEO Jerry M. Kennelly announced his retirement from the company's management. Paul Mountford followed him as CEO.

Acquisitions

On February 20, 2009, Riverbed completed the acquisition of Mazu Networks. Mazu's products, initially renamed Cascade and part of Riverbed SteelCentral since 2014, analyze network traffic in order to provide information about interactions and dependencies between users, applications and systems.

Riverbed acquired CACE Technologies on October 21, 2010 and integrated its Shark product for network analysis and the Pilot Interface product into the Riverbed Cascade product suite. Wireshark, an analysis solution for open source network protocols , also comes from CACE . Riverbed became the main sponsor of the leading open source network analysis tool.

This was followed in November 2010 by the acquisition of Global Protocols, LLC, a provider of satellite optimization for the defense market. The product SkipWare, a proprietary commercial implementation of the Space Communications Protocol Specifications (SCPS) , is used in communications satellites for the US Department of Defense .

On July 19, 2011, Riverbed acquired Zeus Technology, a provider of high-performance, software-based load balancing and traffic management solutions for virtual and cloud computing environments . The main product was the Zeus Virtual Application Delivery Controller (vADC), which Riverbed developed into Riverbed SteelApp. Also on July 19, 2011, Riverbed acquired Aptimize Limited, a technology provider for web content optimization based in Wellington . In February 2015, Brocade announced its intention to acquire Riverbed SteelApp. This acquisition was completed in March 2015.

On January 11, 2012, Riverbed acquired Expand Networks' assets, including its intellectual property .

In December 2012, Riverbed acquired OPNET Technologies, a provider of software for the performance analysis of applications and networks that was integrated into Riverbed SteelCentral, for one billion dollars.

On January 19, 2016, Riverbed Technology took over the German company Ocedo, a provider of software-defined networking and SD-WAN technology. Riverbed announced SteelConnect in April 2016, based on the SD network technology acquired from Ocedo.

Another acquisition in August 2016 was Aternity, a company that provides end-user experience and technology for monitoring application performance. Its products extend the SteelCentral capabilities.

The most recent acquisition was in April 2017. Riverbed acquired Xirrus, a wireless technology company. The acquisition expanded Riverbed's SteelConnect technology to include the integration of cloud-managed WLAN solutions.

Web links

Individual evidence

  1. ^ Form D: Notice of Sale of Securities. (PDF) In: US SEC. January 29, 2003, accessed April 17, 2018 .
  2. ^ Private is the new black. In: itweb.co.za. June 10, 2016, accessed April 17, 2018 .
  3. ↑ Messaging Handbook. (PDF) In: Riverbed.com. January 1, 2015, accessed April 17, 2018 .
  4. ↑ Riverbed Technology: Elliot increases takeover bid to $ 3.36 billion. In: IT-Times.de. February 26, 2014, accessed April 17, 2018 .
  5. ↑ Riverbed rejects three billion offer. In: CRN.de. January 20, 2014, accessed April 17, 2018 .
  6. ↑ NetApp buys Riverbed's SteelStore for cloud backup and archives. In: Searchstorage.de. December 5, 2014, accessed April 17, 2018 .
  7. ↑ SteelStore is now called AltaVault. In: Community.NetApp.com. May 27, 2015, accessed April 17, 2018 .
  8. ↑ https://www.it-business.de/thoma-bravo- Bäumen-36-millionen-us-dollar-fuer-riverbed-a-470489 /. In: IT-Business.de. December 17, 2014, accessed April 17, 2018 .
  9. ↑ Riverbed Co-Founder and CEO Jerry M. Kennelly retires, Paul Mountford becomes new CEO. In: Riverbed.com. April 4, 2018. Retrieved April 17, 2018 .
  10. ↑ Riverbed: Development from WAN optimizer to provider of application performance infrastructure solutions. In: Riverbed.com. Retrieved April 18, 2018 .
  11. ↑ Riverbed drives network analysis. Computerwoche.de, July 15, 2011, accessed on April 18, 2018 .
  12. ↑ Riverbed acquires satellite communications specialists. In: Funkschau.de. July 15, 2011, accessed April 18, 2018 .
  13. ↑ Riverbed acquires Zeus Technology and Aptimize Limited. In: StorageConsortium.de. November 29, 2010, accessed April 18, 2018 .
  14. ↑ Brocade purchases software expertise. In: CRN.de. February 9, 2015, accessed April 18, 2018 .
  15. ↑ Riverbed takes over parts of Expand Networks. In: Riverbed.com. January 17, 2012, accessed April 18, 2018 .
  16. ↑ Riverbed takes over OPNET. In: Riverbed.com. October 30, 2012, accessed April 18, 2018 .
  17. ↑ Riverbed buys German SD-WAN provider Ocedo. In: Computerwoche.de. January 20, 2016, accessed April 18, 2018 .
  18. ↑ Riverbed SteelConnect: new SD-WAN solution for the cloud-oriented world. In: Riverbed.com. April 26, 2016. Retrieved April 18, 2018 .
  19. ↑ Riverbed buys APM provider Aternity. In: Riverbed.com. July 28, 2016, accessed April 18, 2018 .
  20. ↑ Riverbed takes over Xirrus. In: Riverbed.com. April 25, 2017. Retrieved April 18, 2018 .