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North Carolina riverbed coated by toxic coal ash, officials say
2014-02-18 21:44:00| Climate Ark Climate Change & Global Warming Newsfeed
Associated Press: Federal officials said Tuesday that toxic coal ash has coated the bottom of a North Carolina river as many as 70 miles downstream of a Duke Energy dump where a massive spill occurred two weeks ago. The US Fish and Wildlife Service advised that a massive pile of coal ash about 75ft long and as much as 5ft deep has been detected on the bottom of the Dan river near the site of the February 2 spill. Deposits varying from 5in deep to less than 1in coated the river bottom across the state line into...
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Riverbed shareholder makes USD 3 bln takeover bid
2014-01-09 09:32:00| Telecompaper Headlines
(Telecompaper) Riverbed Technology announced that it has received an unsolicited takeover bid from Elliott Management worth USD 19.00 per share in cash. The company's board will review the offer before commenting further. The bid values Riverbed at just over USD 3 billion. Elliot already holds a 10.5 percent stake in the company and has been pushing Riverbed to review its strategy. In a letter to the company in November, it called the stock "significantly undervalued". Riverbed then started working with Goldman Sachs to study strategic options, people with knowledge of the situation told Bloomberg.
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Riverbed may go private in a $3 billion deal
2014-01-08 21:29:46| InfoWorld: Top News
Investment company Elliott Management has offered to buy WAN optimization vendor Riverbed Technology for just over $3 billion while giving Riverbed a chance to entertain higher bids. Elliott started buying Riverbed stock last September and now owns about 10.5 percent of the company, according to an offer letter sent Wednesday that Riverbed filed with the U.S. Securities and Exchange Commission. Elliott said growth is slowing in Riverbed's core business and the company's efforts to diversify so far have hurt its value.
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Biz Break: Cisco plummets, Juniper names CEO, Riverbed may be for sale
2013-11-14 09:35:18| Telecom - Topix.net
Today: Cisco's earnings come in below Wall Street expectations, while its rivals make possible big changes.
Riverbed wins 7-vendor WAN optimization test
2013-11-11 11:00:00| Network World Clear Choice Tests
As applications move to the cloud, network managers are seeing increasing requirements to optimize and manage WAN connections. Most enterprises have migrated to web-based applications and make heavy use of Internet services for day-to-day business. All of this makes network performance a key factor for productivity and end-user satisfaction.
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