Tech Company M&A Transactions
Xirrus Acquisition
Headquartered in Thousand Oaks, Xirrus was purchased by Riverbed Technology. The acquisition price was not disclosed.
Transaction Overview
Company Name
Acquired By
Announced On
4/19/2017
Transaction Type
M&A
Amount
Unknown
M&A Terms
The acquisition of the privately-held company will expand Riverbed's market leading SD-WAN (software-defined wide area network) and cloud networking solution Riverbed SteelConnect with the integration of a robust and proven suite of advanced, high density and cloud-managed Wi-Fi solutions, offering Riverbed customers and partners the power of unified connectivity and policy-based orchestration that spans the entire distributed network -- WAN, LAN/WLAN, data center and the cloud. Riverbed will also continue to offer Xirrus as a stand-alone enterprise WLAN solution. Financial terms of the deal were not disclosed.
Company Information
Company Status
Acquired or Merged
Industry
Wireless
Mailing Address
2101 Corporate Center Drive
Thousand Oaks, CA 91320
USA
Thousand Oaks, CA 91320
USA
Phone
Website
Email Address
Overview
Xirrus is the leading provider of high-performance wireless networks. Xirrus solutions perform under the most demanding circumstances, offering consistent wired-like performance with superior coverage and security.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Shane Bukley
Chief Financial Officer
Steven DeGennaro
Chief Marketing Officer
Jillian Mansolf
Founder
Dirk Gates
VP - Human Resources
Shari Brantley
VP - Operations
Sam Bass
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