Riverbed Technology RVBD, the application performance company,
issued the following statement in response to Elliott Management's 13D
filing with the SEC today:
“Riverbed is focused on creating value for all of our shareholders, and
maintains an open dialogue with our shareholders, including Elliott.
“Riverbed is pursuing a considered strategy for growth by establishing
itself as the leading multi-product platform delivering a complete
solution for application and network performance across platforms,
locations and devices. Last week we reported, on a non-GAAP basis, third
quarter results reflecting 21% year-over-year revenue growth, a nearly
200 basis point sequential improvement in operating margins, and an 18%
sequential increase in net income.
See full press release
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