Riverbed | Aternity announced two new leaders have joined the company as Senior Vice Presidents, overseeing two critical divisions of the company, and reporting to Shaun Bierweiler, Chief Revenue Officer. Alex Thurber was appointed Senior Vice President, Global Partners and Alliances, to oversee the partner and channel ecosystem. Craig McCullough was appointed to Senior Vice President, Public Sector, to oversee the company’s business focused on its U.S. federal, state and local government customers.
Riverbed | Aternity today announced that Shelf Drilling, an offshore drilling company providing shallow water services to the oil and gas industry, has successfully implemented Riverbed® SaaS Accelerator and Riverbed® SteelHead™ to overcome the inherent bandwidth limitations of the VSAT links used to connect its off-shore rigs to mission-critical on-premises and cloud-based applications.
Riverbed | Aternity announced that Halkbank, the third largest bank in Turkey in terms of assets, is using Riverbed’s unified Network Performance Management (uNPM) solution including Riverbed AppResponse, to help the bank deliver near 100% availability of digital services and monitor its critical Internet banking and mobile banking applications.
Riverbed|Aternity today announced that, as part of its recapitalization, which was finalized today, seven directors have been appointed to the Company’s new Board of Directors (the “Board”). These appointments became effective on December 7, 2021, upon the completion of the Company’s recapitalization and voluntary court-supervised process.
Riverbed|Aternity today announced that it successfully completed its recapitalization, reducing debt by over $1 billion and bringing in $100 million of new cash, positioning the Company for growth and continued success over the long term. The recapitalization was completed through an expedited voluntary court-supervised process.
Riverbed Technology today announced that it has taken the next steps in its recapitalization, voluntarily commencing Chapter 11 cases to implement its “prepackaged” financial restructuring plan to reduce the Company’s debt by more than $1 billion and provide the Company with an additional $35 million cash infusion, positioning the Company for long-term success.
Riverbed and Aternity today announced the Riverbed | Aternity Hybrid Work Global Survey 2021 reveals that 83% of nearly 1,500 business and IT decision makers believe that at least 25% of their workforce will remain hybrid post-pandemic, up from just 30% from Riverbed’s 2020 survey; and 42% say more than half their workforce will be hybrid.