Elliott Management Supports Riverbed Transaction

Largest Shareholder Commends Board and Thoma Bravo

Elliott Offered to Buy Riverbed Earlier this Year

NEW YORK--()--Elliott Management Corporation (“Elliott”) today announced its support for the Riverbed transaction:

“As Riverbed’s largest shareholder, we’re delighted with this outcome that gives shareholders immediate, premium value”

“As Riverbed’s largest shareholder, we’re delighted with this outcome that gives shareholders immediate, premium value,” said Jesse Cohn, Head of US Equity Activism for Elliott Management. “Elliott offered to buy Riverbed nearly one year ago and we commend Jerry and the rest of Riverbed’s board for taking this bold step. Thoma Bravo has also proven once again that they are a great partner for technology companies seeking their next phase of growth outside the public markets. Congratulations to all.”

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About Elliott Management Corporation

Elliott Management Corporation manages two multi-strategy hedge funds which combined have more than $25 billion of assets under management. Its flagship fund, Elliott Associates, L.P., was founded in 1977, making it one of the oldest hedge funds under continuous management. The Elliott funds' investors include pension plans, sovereign wealth funds, endowments, foundations, funds-of-funds, high net worth individuals and families, and employees of the firm.


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Elliott Management Corporation
Stephen Spruiell, 212-478-2017