Riverbed Technology, Inc. Announces IPO September 21, 2006Posted by lsvp in Infrastructure.
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SAN FRANCISCO–(BUSINESS WIRE)–Sept. 21, 2006–Riverbed Technology, Inc. (Nasdaq:RVBD) today announced an initial public offering of 8.7 million shares of its common stock at a price of $9.75 per share. Riverbed has also granted the underwriters a 30-day option to purchase up to approximately 1.3 million additional shares. Riverbed’s common stock will be listed on the Nasdaq Global Market under the symbol “RVBD” and will begin trading Thursday, September 21, 2006.