Riverbed Technology (NASDAQ: RVBD) annouced their acqusition of privately held Mazu Networks today. It seems like yesterday that Mazu was struggling with market acceptance around their behavior-based technology trying to use it to fight off "zero day" threats before repositioning themselves to jump into the SIM fray. Well, at least they faired a little better than HighTower. According to the official release, Massachusetts bassed Mazu will become another business unit of Riverbed. The best part about seeing deals involving public companies is the amount of disclosure. In this case, Riverbed will pay $25 million in cash at closing, with an additional $22 million possible if the new business unit hits $35 million in bookings for the 12 month period after closing. A tall order, but this is still a bargain considering the $47 million plowed into Mazu so far from Greylock, Matrix Partners and Benchmark Capital in 2000, Symantec dropped $12 million on them back in 2004 (possibly hoping for another Brightmail), and on up through StarVest Partners and PilotHouse Ventures in 2006.
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