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RiverSoft, the network software company, is to be acquired by Micromuse of the US for £43m. 20-Jun-2002 RiverSoft has announced plans to shed a further 90 jobs in its network software business. 13-Aug-2001 RiverSoft is to shed 20 of the 296 staff in its network software business and reduce recruitment targets in order to speed up its path to profitability. 03-May-2001 RiverSoft is planning to raise £70m in a flotation in order to fund the expansion of its network management software business. 17-Nov-2000 RiverSoft has raised £22m of venture capital, in order to fund the expansion of its salesforce and the development of new software to locate failures in web networks. 24-Feb-2000
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