Our comments and trackback policy You Link We Follow, You Comment We Promote

Riverbed Technology, the WAN optimization solutions provider for various companies globally, is said to be buying Mazu Networks which is a Cambridge, Massachusetts based enterprise network security solutions provider. The deal includes $25 million in cash payment and a possibility of $22 million in cash which would rely on specific booking target achievement in a defined period of 12 months after the closing.

According to Riverbed’s president and CEO, Jerry M. Kennelly:

Our service provider customers require an integrated system to monitor and deliver a managed WAN optimization service. By providing an integrated solution based on Mazu’s market-leading offerings, we are able to tailor the reporting to demonstrate the value of optimization, which in turn supports the value of the provider’s service to its customers.