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Riverbed (RVBD +6.1%) rallied over the course of the day to finish at $18.85. The company...

Riverbed (RVBD +6.1%) rallied over the course of the day to finish at $18.85. The company recently announced that Gartner estimates its Q3 share of the WAN optimization hardware market was a solid 52.5%. That's evidence Riverbed's dominant position hasn't been seriously affected by recent product transition and sales cycle issues, in spite of competition from Cisco, F5, and others.
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  • getduke
    , contributor
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    Silver Peak has been eating Riverbed's lunch. Many Riverbed customers are ripping out their Riverbed's and replacing them with Silver Peak devices. This seems to be gaining momentum due Riverbed's lack of development and evolution in their Steelhead family. Riverbed is selling the same basic product they had 6+ years ago and it doesn't work as well with today's more complex network traffic. They have been fortunate that Cisco and Bluecoat are executing poorly, but they certainly don't have the momentum in the market. Silver Peak has the momentum.
    18 Dec 2012, 01:58 AM Reply Like
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