Riverbed Technologies

Elliott Associates launched a $3.08 billion offer to acquire Riverbed Technologies (NASDAQ: RVBD) for $19 a share in cash on Wednesday January 8. Paul Singer, a veteran activist investor who oversees the $23 billion hedge fund has had a deep interest in the company which he described as “...

Wunderlich Securities lowered its price target for NetScout Systems (NASDAQ: NTCT) from $28 to $26 and downgraded its rating to Hold in a research report published today. In the report, Wunderlich justified its decision by saying: "Long-term opportunities associated with the mobile Internet and...