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  "documentTitle": "Riverbed Technology, Inc. (RVBD)",
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  "authorName": "Elliott",
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  "presentationDate": "2014-03-11 00:00:00",
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  "notes": "The slide uses a red dashed box to highlight the TEV/EBITDA multiples for comparison.",
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      "kind": "callout",
      "text": "At $21.00 per share, Riverbed's implied multiples are higher than the median multiples for transactions involving such companies",
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      "text": "TEV/EBITDA: 13.5x",
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      "kind": "source-note",
      "text": "Source: Capital IQ, Company filings, ThomsonOne. Note: Precedent transactions reflect transactions of US$1bn and above in the last three years involving technology targets with positive, sub-10% LTM-NTM expected revenue growth per consensus estimates.",
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      "text": "Table of precedent transactions including Ann. Date, Acquiror, Target, Equity Value, Enterprise Value, TEV/Revenue (LTM, NTM), and TEV/EBITDA (LTM, NTM).",
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      "text": "Riverbed is more closely comparable to the lower growth, large, enterprise technology companies",
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      "text": "Select Transactions Analysis",
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