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Riverbed Technology, Inc. Message Board

  • ggekko90 ggekko90 Nov 28, 2012 5:12 PM Flag

    Barclay's: RVBD's Steelhead and Whitewater added to Amazon's cloud.

    "Although RVBD has been offering its Stingray virtual ADC on Amazon's cloud since 2009, the latest announcement broadens the roster of products to include Steelhead WAN Optimization and Whitewater cloud storage gateways. In particular, we think today's announcement could act as a catalyst for Whitewater, which comprises less than 1% of sales and is taking longer to pick up than expected. The Stingray ADC product has already been on a solid ramp- last quarter it roughly doubled year over year, though held in flattish sequentially when excluding revenues from the JNPR partnership."

    Seems like cross selling opportunities are beginning are finally bearing fruit.

    Sentiment: Buy

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