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Vector Capital Completes Acquisition Of Riverbed Technology

PRIVATEJul 11, 2023

Acquiring Company

Vector Capital Management L.P

Acquired Company

Cambium Networks

San FranciscoHoffman EstatesVenture CapitalAngel InvestmentInformation TechnologyHardwareSoftwareEnterprise SoftwareTelecommunications

Description

Vector Capital (“Vector”), a leading private equity firm specializing in transformational investments in established technology businesses, today announced the successful completion of its acquisition of Riverbed Technology (“Riverbed” or the “Company”), a leading IT solutions provider that delivers secure, seamless digital experiences and accelerates enterprise performance to global organizations. In connection with the close of the transaction, Dave Donatelli has been named Chief Executive Officer, effective immediately. Dan Smoot, who previously served as CEO, will continue to support the Company on a transitional basis.

Quick answer

Vector Capital Management L.P is acquiring Cambium Networks, announced July 11, 2023. Vector Capital Management L.P is based in San Francisco, California, United States.

How much did Vector Capital Management L.P pay for Cambium Networks?
The deal value was not disclosed.
What does Vector Capital Management L.P do?
Vector Capital Management, L.P. is a leading private equity firm specializing in transformational investments in established technology businesses.
Where are Vector Capital Management L.P and Cambium Networks based?
Vector Capital Management L.P is based in San Francisco, California, United States. Cambium Networks is based in Hoffman Estates, Illinois, United States.
Who are the decision-makers at Vector Capital Management L.P?
Fundz holds 3 contacts at Vector Capital Management L.P. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Vector Capital Management L.P

Location

San Francisco, California, United States

About

Vector Capital Management, L.P. is a leading private equity firm specializing in transformational investments in established technology businesses. It has a 28-year track record of helping technology companies scale and strengthen their operational capabilities.

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Frequently asked

Who acquired Cambium Networks?

Cambium Networks was acquired by Vector Capital Management L.P, based in San Francisco. The deal was reported on July 11, 2023. Vector Capital Management, L.P. is a leading private equity firm specializing in transformational investments in established technology businesses. Vector Capital Management L.P is privately held and operates in Venture Capital.

When did Vector Capital Management L.P acquire Cambium Networks?

Vector Capital Management L.P's acquisition of Cambium Networks was reported on July 11, 2023. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Cambium Networks do?

Cambium Networks enables service providers, enterprises, industrial organizations, and governments to deliver exceptional digital experiences and device connectivity with compelling economics. It is privately held, operating in Information Technology, and is based in Hoffman Estates.

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