Another IT Giant Goes Private


December 18, 2014

Last week we quoted Michael Dell’s prediction that other large IT companies would be teaming with PE to go private and this week Riverbed announced that it struck a deal with Thoma Bravo and the PE arm of Ontario Teachers’ Pension Plan in a USD 3.6 billion take-private deal. The investment is the largest in Thoma Bravo’s history and its fifth IT vendor buy in recent times. Riverbed is a developer and solution provider in the enterprise networking space.

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