Wednesday, September 20, 2006

Riverbed Rises 57% in IPO

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.


0 comments:

Post a Comment

See also