Elliott Management Acquires Gigamon for $1.6 Billion

Investment agitator and vulture Elliott Management have acquired network monitoring firm Gigamon for $1.6bn. Gigamon have recently posted third quarter results (Gigamon Third Quarter 2017 Financial Highlights). These show revenue and profits down over the quarter. Given that Gigamon’s primary product lines are high bandwidth network monitors and taps, this is unsurprising. The physical network…