Thread regarding Riverbed Technology Inc. layoffs

Down to 7500 customers: Please start interviewing

Bankruptcy filings tell the tale. From 36,000 customers down to 7500. And those are soon to go away too, since Riverbed hasn't bothered developing their products in several years.

How long will the $100M cash infusion keep the lights on? A few months? Will it be used to pay severance packages? If cash flow was so bad before bankruptcy, who is going to buy bankrupt Riverbed's outdated appliances now? And you can bet all the 7500 remaining customers are looking at alternatives.

At a macro level you have sales going to zero, and support revenue going to zero... you do the math.

I implore you to start interviewing now. The financial vultures are picking away at the corpse of Riverbed. Don't get caught off guard.

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Post ID: @OP+1e7EDtfS

5 replies (most recent on top)

Of the 7500 customers, how many hold active support contracts? I’m fairly certain no one is renewing support and prepping teams to remove riverbed gear.

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Post ID: @1iqu+1e7EDtfS

Likely it will all end with a couple of fire sales. First pull Aternity back in (done) and then do the more logical split of seperating infrastructure (WANOP, SDWAN) from performance management (NPM, APM, Aternity) that should have been done years ago instead of the Aternity fiasco - then shop around each half separetly since they are different markets especially at the price necessary to offset the debt (debt will be less but still high compared to the value of what a buyer would get). I just don't know if there will be any takers.

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Post ID: @jei+1e7EDtfS

Severance packages? Thanks for today’s laugh.

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Post ID: @bey+1e7EDtfS

You don’t get it.

Project Hypertension will hype up all 7,500 customers and secure our customers better than any other vendor. Visibility like never before. We will scare away hackers! Prepare to re-IPO because the Next Big Thing is coming! Watch out, world!

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Post ID: @mba+1e7EDtfS

You people don’t get it. Riverbed’s future is bright with Shitterion! This is the only sh-t left on the plate we are trying to fool people with. With $35M cash infused this baby will be shining as sh-t-connect.

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Post ID: @oxq+1e7EDtfS

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