[7] In February 2014, the US hedge fund Elliott Management Corporation made a $3.36 billion offer to acquire Riverbed (after a bid of $3.08 was rejected).

[18] On July 11, 2023, Riverbed was acquired by private-equity firm Vector Capital, with Dave Donatelli named as new chief executive officer.

The Mazu products, which were initially renamed Cascade (and in 2014 became part of Riverbed SteelCentral), analyze network traffic to provide information about the interactions of and dependencies between users, applications and systems.

[20] In November 2010, Riverbed acquired Global Protocols, LLC, a provider of satellite optimization to the defense marketplace.

[21] On July 19, 2011, Riverbed acquired Zeus Technology, a provider of high-performance software-based load balancing and traffic management for virtual and cloud computing environments.

[22] On the same day, Riverbed acquired Aptimize Limited, a provider of web content optimization technology, based in Wellington, New Zealand.

[24][25] On January 11, 2012, Riverbed purchased assets of Expand Networks, including its intellectual property, out of liquidation in Israel.

OPNET, based in Bethesda, Maryland, provided performance analysis software for applications and networks, which evolved into Riverbed SteelCentral.

In October 2012 Riverbed served the representative of the Zeus shareholders, as lead defendant and proposed defendant class representative for all other similarly situated former shareholders of Zeus, with a lawsuit, requesting declaratory judgment that, among other things, (a) Riverbed is not in breach of the share purchase agreement, and (b) Riverbed does not owe any acquisition-related contingent consideration under the share purchase agreement because the necessary conditions precedent to the payment of acquisition-related contingent consideration did not occur.