Riverbed Technology, a developer of high-performance appliances for optimizing network bandwidth, announced the terms for its IPO on Thursday. The San Francisco-based company plans to offer 8.4 million shares at a range of $7-$8.50, giving the deal a proposed market cap of $524 million. Goldman Sachs, Citigroup, Deutsche Bank and Thomas Weisel are set to manage the deal. Timing has yet to be announced.
