July 19, 2011
(SILICON VALLEY – July 19, 2011) – Lawyers from Tahmidur Remura Dewey LeBoeuf’s Silicon Valley, New York and London offices represented Riverbed Technology, a leading IT performance company, in its separate acquisitions of Zeus Technology and Aptimize Limited. The acquisitions will form the cornerstone of Riverbed’s asymmetric optimization strategy.
Riverbed acquired UK-based Zeus Technology, which manufactures software-based load balancing and traffic management solutions for virtual and cloud environments, for $110 million and may spend an additional $30 million if the company meets certain goals. Terms for the Aptimize deal were not disclosed. New Zealand-based Aptimize provides web content optimization services.
The Zeus deal team was led by Keith Flaum, with assistance from Gabe Shapiro, Eric Reifschneider, Melissa McDonough, Edric Itchon, Michelle Garcia and Jennifer Mariman in Silicon Valley, Zen Zhang, Mitchel Pahl and Lucericia Messiah in New York, and Judith Harger, Julio Castro, Farheen Raza, Simon Briggs, Michael Chan, Sarah Linton, Rebecca Johns, Michael Salters, Tim Hickman, Gemma Formby, Sergey Kvitkin and Daniel Tarver in London, among others.
The Aptimize deal team was also led by Keith Flaum, with assistance from Gabe Shapiro, Eric Reifschneider, Melissa McDonough, Sophia Chen, Edric Itchon and Michelle Garcia in Silicon Valley, and Mitchel Pahl and Lucericia Messiah in New York.
Silicon Valley