Headline: Riverbed Acquires Zeus Technology
Deal Type: Acquisition
Acquiring Company: Riverbed Technology
Target Company: Zeus Technology
Target Company Services: Software-based load balancing
Deal Valuation (if available): $110 m
Country of Target: United Kingdom
Target Company Industry: Cloud Computing
Deal Rationale: The acquisition aims to expand Riverbed’s application performance portfolio and aligns with its asymmetric optimization strategy.
Deal Summary: Riverbed Technology has acquired Zeus Technology, a U.K.-based company specializing in high-performance software-based load balancing and traffic management solutions. The deal is valued at approximately $110 million in cash, with an additional $30 million based on the achievement of certain bookings targets.