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BRIEF-Elliott Management reports 15.3 pct stake in Gigamon

May 8 Elliott Associates L.P.:

* Says Elliott, Elliott International and EICA have combined economic exposure in Gigamon Inc of about 15.3 percent of shares outstanding

* Reports a 2.3 percent stake in Gigamon Inc as of April 28 - SEC filing

* Believe securities of Gigamon Inc are "significantly undervalued and represent an attractive investment opportunity"

* Seek to engage in a dialogue with Gigamon's board of directors regarding opportunities to maximize shareholder value

* May develop plans and/or make proposals with respect to, or with respect to potential changes in operations, management, among other things Source text - (bit.ly/2pcAFZa)

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