On Monday, Riverbed Technology RVBD announced that they will be acquired by Thoma Bravo LLC and the Ontario Teachers Pension Plan for $3.6 billion.
Following the announcement, other network names are in play Monday and trending higher:
Ciena Corporation CIEN + 1.7%
Juniper Networks Inc. JNPR + 1.2%
Palo Alto Networks Inc. PANW +1.8%
Citrix Systems Inc. CTXS +1.1%
Cisco Systems CSCO +0.02%
F5 Networks Inc. FFIV -0.5%
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