Tuesday, 17 November 2009

Riverbed in talks to acquire Expand Networks

Riverbed in talks to acquire Expand Networks: Advanced negotiations are for a deal at $30-40 million, after the WAN optimization start-up raised $85 million.

Shmulik Shelah and Ron Steinblatt
Nov 16, 2009 (Globes - McClatchy-Tribune Information Services via COMTEX) --
Sources inform "Globes" that Riverbed Technology Inc. (Nasdaq: RVBD) is in advanced negotiations to acquire Israeli start-up Expand Networks Ltd. for $30-40 million.

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