Billionaire Paul Singer's Hedge Fund Offers $US3.1 Billion To Buy Riverbed Technology

A hedge fund by backed by billionaire activist investor Paul Singer has bid $US3.1 billion for networking equipment maker Riverbed Technology. This could indicate another big year for activist investors in the tech sector.

NOW WATCH: Tech Insider videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.