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IPOs
M&As
2005
2004
Spatial Wireless (Alcatel)
Actona (Cisco)
Riverhead Networks
Corvigo (Tumbleweed)
NetScreen (Juniper)
Guardent (VeriSign)
2003
2002
Riverhead to be Acquired by Cisco
04/2004
We are pleased to announce that
Cisco Systems
(Nasdaq: CSCO) is acquiring
Riverhead Networks
. Cisco is buying all of the shares of Riverhead it does not already own for $39 million. Prior to this transaction, Cisco owned 10% of Riverhead. Riverhead develops advanced solutions for ISPs & MSPs that need to cope with extreme data overload conditions. In particular, Riverhead's solutions target Distributed Denial of Service attacks (DDoS) as well as "Flash Crowds". Riverhead will become part of Cisco’s Internet switching business unit.
Read the
Press Release.
Address
22 Raoul Wallenberg St.
Tel-Aviv, Israel 69710
Tel: 972-3-6497006
http://www.riverhead.com