An investigation on behalf of investors of Riverbed Technology, Inc. (NASDAQ:RVBD) in connection with the proposed takeover was announced and NASDAQ:RVBD stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWire) -- 12/17/2014 --An investigation on behalf of investors, who currently hold shares of Riverbed Technology, Inc. (NASDAQ:RVBD), was announced concerning whether the takeover of Riverbed Technology, Inc. by Thoma Bravo, LLC and Teachers' Private Capital, the private investor department of Ontario Teachers' Pension Plan for $21 per share is unfair to NASDAQ:RVBD stockholders.

Investors who purchased shares of Riverbed Technology, Inc. (NASDAQ:RVBD) and currently hold any of those NASDAQ:RVBD shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain officers and directors of Riverbed Technology, Inc. breached their fiduciary duties owed to NASDAQ:RVBD investors in connection with the proposed acquisition.

On December 15, 2014, Riverbed Technology (RVBD) announced that it has entered into an agreement to be acquired by private equity investment firm Thoma Bravo, LLC and Teachers' Private Capital, the private investor department of Ontario Teachers' Pension Plan. Under the terms of the agreement, Riverbed Technology, Inc. (NASDAQ:RVBD) stockholders will receive $21.00 per share in cash, or a total of approximately $3.6 billion.

However, given that at least one analyst has set the high target price for NASDAQ:RVBD shares at $22 per share and that NASDAQ:RVBD shares reached in march 2011 over 444 per share, the investigation concerns whether the offer is unfair to NASDAQ:RVBD stockholders. More specifically, the investigation concerns whether the Riverbed Technology Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders' best interests in connection with the proposed sale.

Riverbed Technology, Inc. reported that its annual Total Revenue rose from $551.89 million in 2010 to over $1.04 billion in 2013. Shares of Riverbed Technology, Inc. (NASDAQ:RVBD) reached as high as $44.48 per share in March 2011.

On December 15, 2014, NASDAQ:RVBD shares closed at $20.31 per share

Those who are current investors in Riverbed Technology, Inc. (NASDAQ:RVBD) shares have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com