We are assigning a 'B' corporate credit rating to Riverbed Parent Inc., the ultimate parent of Riverbed Technology Inc. The ratings on Riverbed Technology Inc. are unaffected. The outlook is stable reflecting our expectation that the company will maintain its leadership position in the wide-area network (WAN) optimization market and continue to generate positive free operating cash flow (FOCF) in excess of $100 million annually. On Feb. 22, 2017, S&P Global Ratings' Ratings Services assigned its 'B' corporate credit rating to San Francisco, Calif.-based Riverbed Parent Inc. The outlook is stable. The ratings on Riverbed Technology Inc., a core subsidiary of Riverbed Parent Inc., including our issue-level ratings are unaffected. The outlook is stable. We are assigning the rating to
