Seeking Alpha

Riverbed slides; Nadella leaves board to focus on Microsoft

  • Three weeks after being named Microsoft's CEO, Satya Nadella has resigned from Riverbed's (RVBD -2.2%) board to focus on his new job.
  • Before being appointed CEO, Nadella was Microsoft's enterprise/cloud product chief. Riverbed and Microsoft have a long-standing partnership focused on optimizing the performance of SharePoint, Exchange, and Lync via Riverbed's Steelhead WAN optimization hardware and Stingray application delivery controllers.
  • Shares are 2% below Elliott Management's new $21/share offer price.
Comments (1)
  • wil3714
    , contributor
    Comments (1583) | Send Message
    RVBD is done, $21 offer?
    27 Feb, 01:14 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio: