M&A: Riverbed Buys Mazu for $25 Million

Riverbed Technology, one of the big players in wide area network optimization business today acquired network management software maker Mazu Networks for about $25 million in cash with some incentives based on sales performance. For Riverbed this is a bargain-basement way of adding features that would help its customers monitor Video and VoIP traffic on their enterprise networks. Mazu makes network behavior analysis software. The deal is not such a good one for the VCs who who pumped in more than $40 million into the company. Investors include Greylock, Benchmark Capital, Matrix Partners and Starvest. As a footnote, if Mazu team manages to get $35 million in sales, it gets another $22 million in cash.