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  6. Riverbed Acquires Xirrus

M&A Deal Summary

Riverbed Acquires Xirrus

On April 19, 2017, Riverbed acquired technology hardware company Xirrus

Acquisition Highlights
  • This is Riverbed’s 1st transaction in the Technology Hardware sector.
  • This is Riverbed’s 7th transaction in the United States.
  • This is Riverbed’s 2nd transaction in California.

M&A Deal Summary
Date 2017-04-19
Target Xirrus
Sector Technology Hardware
Buyer(s) Riverbed
Deal Type Add-on Acquisition

Target

Xirrus

Thousand Oaks, California, United States
Xirrus, Inc. is a provider of high-performance wireless networks. Xirrus solutions perform under the most demanding circumstances, offering consistent “wired-like” performance with superior coverage and security. Xirrus, Inc. was founded in 2004 and is headquartered in Thousand Oaks, California.

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Buyer(S) 1

Buyer

Riverbed

San Francisco, California, United States
Category Company
Founded 2002
Sector Software
Employees2,555
Revenue 1.0B USD (2013)
DESCRIPTION

Riverbed is a provider of software for mobile computing applications services. Riverbed delivers application performance for the globally connected enterprise. It helps clients in implementing strategic initiatives such as virtualization, consolidation, cloud computing, and disaster recovery. Riverbed was founded in 2002 and is based in San Francisco, California.

DEAL STATS #
Overall 10 of 10
Sector: Technology Hardware M&A 1 of 1
Type: Add-on Acquisition M&A Deals 9 of 9
State: California M&A 2 of 2
Country: United States M&A 7 of 7
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-28 Aternity

Westborough, Massachusetts, United States

Aternity, Inc. is a provider of end user experience (EUE) and application performance monitoring solutions.

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