Private | |
Industry | Information Technology Services |
---|---|
Founded | May 23, 2002 |
Headquarters | San Francisco, California , |
Key people | Paul Mountford (CEO) |
Products | SD-WAN, WAN optimization, application performance management, network performance monitoring |
Brands | The Digital Performance Company |
Owner | Thoma Bravo Teachers Private Capital |
2354 (2018) | |
Website | www.riverbed.com |
Founded in 1977, Oracle is a multinational computer technology corporation, specializing in computer hardware systems and enterprise products. The company develops solutions for database development and systems of middle-tier software, enterprise res.More. Riverbed Technology, Inc. Is an American information technology company. Its products consist of software and hardware focused on network performance.
Riverbed Technology, Inc. is an American information technology company. Its products consist of software and hardware focused on network performance monitoring, application performance management, and wide area networks (WANs), including SD-WAN and WAN optimization.
Riverbed has its headquarters in San Francisco. In April 2015, the company was acquired by private equity investment firm Thoma Bravo,[1] and the transaction was completed in April 2015.[2]
- 4Legal proceedings
History[edit]
Jerry Kennelly, former CEO, and Steve McCanne, former CTO, founded a technology company in May, 2002, originally named NBT (Next Big Thing) Technology.[3]The company became ftSlaapne50, 1000, 2000, and 5000 models, and the first SteelHead shipped in April 2004 to Environment Canada.[4]
Riverbed stock began trading on NASDAQ September 21, 2006.[5] Riverbed opened up an off-site location at Research Park, University of Illinois at Urbana-Champaign before 2009.[6]
In February 2014, the US hedge fund Elliott Management Corporation made a $3.36 billion offer to acquire Riverbed (after a bid of $3.08 was rejected).[7]
In October 2014 ZDNet reported NetApp's acquisition of Riverbed Technology's SteelStore line of data backup and protection products,[8]which NetApp later renamed as 'AltaVault'.[9]
On December 15, 2014, Riverbed announced it would be acquired by private equity investment firm Thoma Bravo, LLC and Teachers’ Private Capital, the private investor department of Ontario Teachers’ Pension Plan. The value was estimated at approximately $3.6 billion,[10] and closed in April 2015.[11]
On April 3, 2018, Riverbed announced the retirement of Co-Founder and CEO Jerry M. Kennelly and appointment of Paul Mountford as CEO.[12]
Early 2019, SteelFusion product was put on hold.
June 12, 2019 entered into an OEM agreement to resell Versa Networks SD-WAN solution -- effectively ending its own SD-WAN efforts based atop the Ocedo acquisition.
July 2019, layoffs of 25-30% of the company. The second layoff of 2019, and a repeating pattern for the past several years.
August 8, 2019 - Xirrus sold to Cambium.
Acquisitions[edit]
On February 20, 2009, Riverbed completed the acquisition of Mazu Networks. The Mazu products, which were initially renamed Cascade (and in 2014 became part of Riverbed SteelCentral), analyze network traffic to provide information about the interactions of and dependencies between users, applications and systems.[13]
On October 21, 2010, Riverbed acquired CACE Technologies, and folded its Shark network analysis product and Pilot interface product into the Riverbed Cascade product suite. CACE was also the corporate sponsor of the open sourcenetwork protocol analyzer product Wireshark. Riverbed assumed corporate sponsorship.[14]
In November 2010, Riverbed acquired Global Protocols, LLC, a provider of Satellite optimization to the defense marketplace. Its SkipWare product, a proprietary commercial implementation of the Space Communications Protocol Specifications (SCPS), is used in US Department of Defensecommunications satellites.[15]
On July 19, 2011, Riverbed acquired Zeus Technology, a provider of high-performance software-based load balancing and traffic management for virtual and cloud computing environments. Its primary product was the Zeus Virtual Application Delivery Controller (vADC) which evolved into Riverbed SteelApp.[16] On the same day, Riverbed acquired Aptimize Limited, a provider of web content optimization technology, based in Wellington, New Zealand.[17]Brocade announced its intent to acquire the Riverbed SteelApp business in February 2015, and that acquisition completed in March 2015.[18][19]
On January 11, 2012, Riverbed purchased assets of Expand Networks, including its intellectual property, out of liquidation in Israel.[20]
In December 2012, Riverbed acquired OPNET Technologies for $1 billion. OPNET, based in Bethesda, MD, provided performance analysis software for applications and networks, which evolved into Riverbed SteelCentral.[21][22][23][24]
On January 19, 2016, Riverbed Technology acquired Germany-based Ocedo, a provider of software-defined networking and SD-WAN technology[25]. Using software-defined network technology acquired from Ocedo, Riverbed announced SteelConnect in April 2016[26].
In August 2016, Riverbed acquired Aternity, a company that provides end-user experience and application performance monitoring technology, to expand Riverbed’s SteelCentral performance monitoring capabilities[27][28].
In April 2017, Riverbed acquired Xirrus, a Wi-Fi technology company. The acquisition expanded Riverbed’s SteelConnect technology with the integration of cloud-managed Wi-Fi solutions[29][30].
November 22, 2017, Riverbed acquires FlowTraq, https://angel.co/company/flowtraq
The beginning of the end[edit]
Legal proceedings[edit]
Silver Peak Systems[edit]
From 2011 to 2013, Riverbed was engaged in several lawsuits with Silver Peak Systems over alleged patent infringement. In June 2015, the companies announced a settlement of the suits in U.S. District Courts in Delaware and Northern District of California. As part of the settlement, the parties agreed to a mutual release and cross-license regarding all asserted patents, as well as all patents and applications in the asserted patents’ “patent families.” In addition, all claims and counterclaims were dismissed and no payments were made by either party[31][32].
Zeus Technology Limited[edit]
In connection with Riverbed’s July 2011 acquisition of the outstanding securities of Zeus Technology Limited (Zeus), the share purchase agreement provided for certain additional potential payments (acquisition-related contingent consideration) totaling up to $27.0 million in cash, based on achievement of certain bookings targets related to Zeus products for the period from July 20, 2011 through July 31, 2012 (the Zeus Earn-Out period). The share purchase agreement also provided for a potential $3.0 million payment as an incentive bonus to former employees of Zeus, based on achievement of certain bookings targets related to Zeus products for the Zeus Earn-Out period. In October 2012 Riverbed served the representative of the Zeus shareholders, as lead defendant and proposed defendant class representative for all other similarly situated former shareholders of Zeus, with a lawsuit, requesting declaratory judgment that, among other things, (a) Riverbed is not in breach of the share purchase agreement, and (b) Riverbed does not owe any acquisition-related contingent consideration under the share purchase agreement because the necessary conditions precedent to the payment of acquisition-related contingent consideration did not occur.[33]
See also[edit]
- Infineta Systems, partially acquired by Riverbed Technology
References[edit]
- ^'Thoma Bravo Completes Acquisition of Riverbed Technology'. Press release. Thoma Bravo. April 24, 2015. Retrieved February 5, 2018.
- ^'We're hearing about a big layoff going on at newly private Riverbed Technologies'. businessinsider.com. 2015-04-23. Retrieved 2015-11-12.
- ^'Form D: Notice of Sale of Securities'(PDF). US SEC. January 29, 2003. Retrieved January 20, 2017.
- ^'Messaging Handbook'(PDF). Riverbed.com. 2015-01-01. Retrieved 2018-03-15.
- ^'Symbol Lookup from Yahoo Finance'.
- ^'Tenant Profile Manager'. Research Park, University of Illinois at Urbana-Champaign. Archived from the original on January 22, 2009. Retrieved January 20, 2017.
- ^Jillian Ward (February 25, 2014). 'Elliott Boosts Offer to Acquire Riverbed to $3.36 Billion'. Bloomberg Technology. Retrieved January 22, 2017.
- ^Gagliordi, Natalie (2014-10-27). 'NetApp buys Riverbed Technology's Steelstore business'. ZDNet. Retrieved 2016-03-22.
- ^Adshead, Antony (2015-05-18). 'NetApp launches AltaVault hybrid cloud backup appliance family'. ComputerWeekly. Retrieved 2016-03-22.
- ^'Thoma Bravo Agrees to Take Riverbed Private for $3.6B'. Press release. Thoma Bravo. December 14, 2014. Retrieved January 22, 2017.
- ^'Thoma Bravo completes acquisition of Riverbed Technology | Thoma Bravo'.
- ^'Riverbed Announces Retirement of Co-Founder and CEO Jerry M. Kennelly; Appoints Paul Mountford as CEO to Drive Next Phase of Growth in $30 Billion+ Market'. riverbed.
- ^http://www.riverbed.com/about/news-articles/press-releases/riverbed-completes-acquisition-of-mazu-networks.html
- ^http://www.riverbed.com/about/news-articles/press-releases/riverbed-expands-further-into-the-application-aware-network-performance-management-market-with-the-acquisition-of-cace-technologies.html
- ^http://www.riverbed.com/about/news-articles/press-releases/riverbed-solidifies-federal-market-leadership-with-the-acquisition-of-global-protocols-llc.html
- ^'Riverbed acquires Zeus for $140m – A win for Cambridge, DFJ Esprit and SEP'.
- ^Timothy Prickett Morgan (July 20, 2011). 'Riverbed pumps up software with Zeus, Aptimize buys: US sales 'simply on fire' in Q2'. The Register. Retrieved January 22, 2017.
- ^'News Room'.
- ^'Brocade Completes Acquisition of Riverbed's SteelApp - Zycko'.
- ^https://finance.yahoo.com/news/Riverbed-Purchases-Assets-iw-984358404.html
- ^'Riverbed to acquire Opnet in $1B deal'. 2012-10-30.
- ^'Riverbed Boosts APM Abilities with Opnet Acquisition'.
- ^'Riverbed's billion-dollar Opnet buy could pay off big, analysts say'. November 2012.
- ^'Riverbed Technology Completes Acquisition of OPNET Technologies - Quick Facts'.
- ^'Riverbed announces acquisition of leading SD-WAN provider Ocedo'.
- ^'Riverbed ups SD-WAN Ante with SteelConnect'.
- ^'Riverbed acquires Aternity to get an end user perspective'. 2016-07-28.
- ^'Riverbed to acquire Aternity to bolster end to end digital visibility'.
- ^'Riverbed acquires Xirrus supercharge SD-WAN offering'.
- ^'Riverbed to acquires Xirrus to boost SD-WAN and cloud networking solutions'.
- ^'Riverbed and Silver-Peak settle patent lawsuits'.
- ^'Riverbed and Silver Peak settle patent lawsuits'. 2015-06-16.
- ^'RIVERBED TECHNOLOGY, INC. filed this Form 10-Q on 07/31/2014'. riverbed.com. 2014-07-31. Retrieved 2015-11-12.
External links[edit]
- 'Top 10 Fastest-Growing Tech Companies: #3', Forbes.com, 16 Feb 2011. Retrieved 18 March 2011.
- 'The Muhammad Ali of Cloud Computing', Business Week, 27 January 2011. Retrieved 18 March 2011.
- 'CRN's Data Center 100: #24', CRN Web Site, 21 January 2011. Retrieved 18 March 2011.
- 'America's Fastest Growing Tech Companies: #2', Forbes, 1 April 2010. Retrieved 18 March 2011.
Retrieved from 'https://en.wikipedia.org/w/index.php?title=Riverbed_Technology&oldid=915510652'
LONDON, June 9, 2015 /PRNewswire/ -- Overview:
Operational Support Systems (OSS) are the essential set of tools required for a Communications Service Provider (CSP) to design, deploy, monitor and maintain the content, networks and services that their customers pay to use. There are significant changes underway in the CSP industry that are causing fundamental re-evaluations of business models, technology stacks and service offerings. These disruptions to the status quo are similarly influencing, and being influenced by, OSS.
This research assesses a range of relatively nascent technologies that have the potential to change the dynamic of OSS, whether via the networks they manage, or as building blocks on which to build better OSS tools. The report evaluates various technologies including cloud delivery, network virtualization, network security, Big Data, Machine Learning and Predictive Analytics, resource models, orchestration and automation, wireless sensor networks, IoT/ M2M, Self-organizing Networks (SON), software development models, and standards such as ITSM / ITIL.
This report is must-reading for anyone involved in planning or optimizing OSS as well as anyone with a vested interest in realizing positive financial returns from OSS investment. All purchasers of this report will be entitled to Self-Organizing Networks (SON) Challenges and Market Opportunities for 3G, LTE, and Beyond, Fourth Edition at no additional cost. All purchases of Mind Commerce reports includes time with an expert analyst who will help you link key findings in the report to the business issues you're addressing. This needs to be used within three months of purchasing the report.
Target Audience:
SDN solution providers
Network and services integrators
Cloud and virtualization companies
Fixed and mobile network operators
OSS/BSS products and services suppliers
Next generation network infrastructure providers
Third party providers of content, commerce, and apps
Companies in Report:
ABB
Accenture PLC
Acme Packet
Aeris
Akamai
Alcatel Lucent S.A.
Amazon
Amdocs Inc.
Apache
Apple
AT&T
Big Machines
Black Ridge
BlueKai
BMC
Bosch
Brocade
BT Group
CA Technologies
Canonical
CENX
Certes
Ciena
Cisco
Clarity (part of Synchronoss)
Cloudera
CloudFoundry
Collective Intellect
Comptel
ConceptWave
Covisint Corporation
DataStax
Digi-Data (part of Synchronoss)
Docker
Embrane
EMC
Ericsson (Telefonaktiebolaget L. M. Ericsson)
European Telecommunications Standards Institute (ETSI)
Fabrix
Facebook
Fastwire
F-Secure (part of Synchronoss)
GE
GenBand
GEOSS
Google
Guavus
Hewlett Packard Company
Hortonworks
Huawei
IBM Corporation
InfoVista
Intel
Intucell
Juniper Networks
Lightbridge Communications Corporation
Linux Foundation
LiveLOOK
Metacloud
MetraTech
Metro Ethernet Forum (MEF)
Microsoft
Mirror 42
Miyowa (part of Synchronoss)
Moogsoft
Neebula Systems
NetCracker Technology Corp. (part of NEC)
Nokia Networks
NTT Communications Corporation
Nuel (part of Huawei)
Open Networking Foundation (ONF)
OpNet
Optimi
Oracle Corporation
Pivotal
Riverbed
Samsung
SAS
Satyam
Sentilla
ServiceNow
SevOne
Siebel (part of Oracle)
Silver Peak
Spirent
Splunk
Strumsoft (part of Synchronoss)
Subex
Sunrise Technologies
Synchronoss Technologies
Tail-f
Tata Consultancy Services Limited
Tech Mahindra Limited
Telcocell
Telcordia (part of Ericsson)
TeleOSS
ThingWorx (part of PTC)
TimelessMIND
TM Forum
TOA Technologies
Truviso
UBIqube
Verizon
Voxmobili (part of Synchronoss)
WANDL
WindRiver (part of Intel)
Wisor (part of Synchronoss)
Younited (part of Synchronoss)
Zenoss
Download the full report: https://www.reportbuyer.com/product/3022865/About ReportbuyerReportbuyer is a leading industry intelligence solution that provides all market research reports from top publishershttp://www.reportbuyer.comFor more information: Sarah SmithResearch Advisor at Reportbuyer.com Email: [email protected] Tel: +44 208 816 85 48 Website: www.reportbuyer.com
Operational Support Systems (OSS) are the essential set of tools required for a Communications Service Provider (CSP) to design, deploy, monitor and maintain the content, networks and services that their customers pay to use. There are significant changes underway in the CSP industry that are causing fundamental re-evaluations of business models, technology stacks and service offerings. These disruptions to the status quo are similarly influencing, and being influenced by, OSS.
This research assesses a range of relatively nascent technologies that have the potential to change the dynamic of OSS, whether via the networks they manage, or as building blocks on which to build better OSS tools. The report evaluates various technologies including cloud delivery, network virtualization, network security, Big Data, Machine Learning and Predictive Analytics, resource models, orchestration and automation, wireless sensor networks, IoT/ M2M, Self-organizing Networks (SON), software development models, and standards such as ITSM / ITIL.
This report is must-reading for anyone involved in planning or optimizing OSS as well as anyone with a vested interest in realizing positive financial returns from OSS investment. All purchasers of this report will be entitled to Self-Organizing Networks (SON) Challenges and Market Opportunities for 3G, LTE, and Beyond, Fourth Edition at no additional cost. All purchases of Mind Commerce reports includes time with an expert analyst who will help you link key findings in the report to the business issues you're addressing. This needs to be used within three months of purchasing the report.
Target Audience:
SDN solution providers
Network and services integrators
Cloud and virtualization companies
Fixed and mobile network operators
OSS/BSS products and services suppliers
Next generation network infrastructure providers
Third party providers of content, commerce, and apps
Companies in Report:
ABB
Accenture PLC
Acme Packet
Aeris
Akamai
Alcatel Lucent S.A.
Amazon
Amdocs Inc.
Apache
Apple
AT&T
Big Machines
Black Ridge
BlueKai
BMC
Bosch
Brocade
BT Group
CA Technologies
Canonical
CENX
Certes
Ciena
Cisco
Clarity (part of Synchronoss)
Cloudera
CloudFoundry
Collective Intellect
Comptel
ConceptWave
Covisint Corporation
DataStax
Digi-Data (part of Synchronoss)
Docker
Embrane
EMC
Ericsson (Telefonaktiebolaget L. M. Ericsson)
European Telecommunications Standards Institute (ETSI)
Fabrix
Fastwire
F-Secure (part of Synchronoss)
GE
GenBand
GEOSS
Guavus
Hewlett Packard Company
Hortonworks
Huawei
IBM Corporation
InfoVista
Intel
Intucell
Juniper Networks
Lightbridge Communications Corporation
Linux Foundation
LiveLOOK
Metacloud
MetraTech
Metro Ethernet Forum (MEF)
Microsoft
Mirror 42
Miyowa (part of Synchronoss)
Moogsoft
Neebula Systems
NetCracker Technology Corp. (part of NEC)
Nokia Networks
NTT Communications Corporation
Nuel (part of Huawei)
Open Networking Foundation (ONF)
OpNet
Optimi
Oracle Corporation
Pivotal
Riverbed
Samsung
SAS
Satyam
Sentilla
ServiceNow
SevOne
Siebel (part of Oracle)
Silver Peak
Spirent
Splunk
Strumsoft (part of Synchronoss)
Subex
Sunrise Technologies
Synchronoss Technologies
Tail-f
Tata Consultancy Services Limited
Tech Mahindra Limited
Telcocell
Telcordia (part of Ericsson)
TeleOSS
ThingWorx (part of PTC)
TimelessMIND
TM Forum
TOA Technologies
Truviso
UBIqube
Verizon
Voxmobili (part of Synchronoss)
WANDL
WindRiver (part of Intel)
Wisor (part of Synchronoss)
Younited (part of Synchronoss)
Zenoss
Download the full report: https://www.reportbuyer.com/product/3022865/About ReportbuyerReportbuyer is a leading industry intelligence solution that provides all market research reports from top publishershttp://www.reportbuyer.comFor more information: Sarah SmithResearch Advisor at Reportbuyer.com Email: [email protected] Tel: +44 208 816 85 48 Website: www.reportbuyer.com
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/the-changing-landscape-of-operational-support-systems-oss-technologies-solutions-and-organizational-impacts-300096537.html
SOURCE ReportBuyer
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