Friday, January 13, 2012

Riverbed Plans to Convert Customers of Acquired Expand

Just before year end I quoted Globes about the acquisition of Expand Networks by Riverbed (see "Riverbed to Buy Expand for $10M" - here).

Riverbed now confirms that - " it has purchased certain assets of Expand Networks, including its intellectual property, out of liquidation in Israel. Riverbed did not purchase the corporate entity of Expand Networks and has not assumed any of Expand’s liabilities, obligations or contracts". 

Riverbed also adds some more details (here) and states that it will not continue to sell Expand products -".. customers of Expand Networks are encouraged to contact Riverbed Sales for alternative solutions".

See "Riverbed Purchases Assets of Expand Networks" - here

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