Riverbed friends: I've been hearing rumors of an upcoming IPO. Is there one in the cards for 2019?
No IPO, buyout was on the cards but not anymore after the bad quarter that closed.
Damn! I heard that there are layoffs in progress
Yes there was a round of layoffs that happened this week to align to the new strategy and business goals.
Promising or defensive?
Whole storage division is being laid off.
Is that related to steelfusion?
Not the one I know of. Frankly speaking its very rare to see a company doing second IPO. However a strategic buyout could definitely be on cards. Don't know when is it happening. Peeps had hopes in 2018. I hope it should happen pretty soon. Does someone else has something to pitch in?