Vector Capital completed the acquisition of Riverbed Technology.

Vector Capital, a private equity firm, completed the acquisition of Riverbed Technology, an IT solutions provider. Financial terms were not disclosed. “Dave is a proven leader who brings to Riverbed deep knowledge and experience driving growth at scaled technology businesses. He is a purposeful changemaker with a customer-first approach and is the ideal person to lead the company forward as it pursues continued growth and scale. We are excited that John Theler, a highly skilled and proven finance executive, will be joining as CFO and welcome him to the team. We would also like to thank Dan Smoot for his contributions to the company and his support navigating the transition, and wish him the very best in his future endeavors,” Andy Fishman, Vector Capital Managing Director.