Riverbed Technology completed its initial public offering (IPO), floating 8.7 million shares of its common stock at a price of $9.75 per share. In its opening day, the Riverbed shares (Nasdaq:RVBD) rose 57% to close at $15.30.
Goldman, Sachs & Co. acted as sole book-running manager, Citigroup and Deutsche Bank Securities acted as joint lead managers, and Thomas Weisel Partners LLC acted as co-manager for the offering.
http://www.riverbed.com
- Last month, Riverbed Technology introduced three new "Steelhead" WAN optimization appliances that deliver high scalability and acceleration for up to one million simultaneous connections at 4 Gbps throughput. The latest release of the Riverbed Optimization System (RiOS), version 3.0, supports QoS enforcement for all traffic types, including TCP, VoIP, video, and any other forms of UDP.
- Riverbed said it now has over 1,000 customers. For its latest fiscal quarter, the company racked up sales of $18 million
| WAN Optimization: Finding the Best Approach | |
| There are critical factors beyond bandwidth limitations that impede performance and productivity. While users complain that the network is painfully slow, network managers insist that the problem must lie outside the network, since utilization is at only a fraction of the total bandwidth available. How can both arguments be correct? Latency is the secret throughput killer. Physics dictate that latency is unavoidable in a wide area network - the information takes some small amount of time to traverse the network connection. But when transport and application protocols are layered on top of typical network latencies, frustration can mount as employees wait for data and applications to load. | |
