PKTR Packeteer (MM)

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D

(Rule 13d-101)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a)

(Amendment No.6)*

Packeteer, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

695210104

(CUSIP Number)

Stephen M. Schultz, Esq.

Kleinberg, Kaplan, Wolff & Cohen, P.C.

551 Fifth Avenue, New York, New York 10176

Tel: (212) 986-6000

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

April 21, 2008

(Date of Event Which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box o .

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.

*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the

liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes ).

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

Elliott Associates, L.P.

WC

Delaware

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH

0

0

0

0

0

0.0%

PN

*SEE INSTRUCTIONS BEFORE FILLING OUT!

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

Elliott International, L.P.

WC

Cayman Islands, British West Indies

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH

0

0

0

0

0

0.0%

PN

*SEE INSTRUCTIONS BEFORE FILLING OUT!

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

Elliott International Capital Advisors Inc.

OO

Delaware

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH

0

0

0

0

0

0.0%

CO

*SEE INSTRUCTIONS BEFORE FILLING OUT!

This statement is filed with respect to the shares of the common stock, $.001 par value (the “Common Stock”), of Packeteer, Inc. (the “Issuer”), beneficially owned by Elliott Associates, L.P. and its wholly-owned subsidiaries (“Elliott”), Elliott International, L.P. (“Elliott International”), and Elliott International Capital Advisers Inc. (“EICA” and collectively, the “Reporting Persons”) as of April 21, 2008 and amends and supplements the Schedule 13D originally filed on May 24, 2007, as previously amended (collectively, the “Schedule 13D”). Except as set forth herein, the Schedule 13D is unmodified.

Not applicable.

Item 4 of the Schedule 13D is supplemented by the following:

On April 20, 2008, the Issuer entered into an Agreement and Plan of Merger with Blue Coat Systems, Inc., a Delaware corporation (“Blue Coat”), and Cooper Acquisition, Inc., a Delaware corporation and a wholly owned subsidiary of Blue Coat, pursuant to which Blue Coat agreed to acquire the Issuer (the “Packeteer Transaction”).

On April 20, 2008, The Liverpool Limited Partnership, a Bermuda limited partnership and a wholly owned subsidiary of Elliott (“Liverpool”), and Elliott International entered into a stock purchase agreement with Blue Coat pursuant to which (a) Liverpool agreed to sell its 1,423,647 shares of Common Stock to Blue Coat at a price of $7.10 per share and (b) Elliott International agreed to sell its 2,135,470 shares of Common Stock to Blue Coat at a price of $7.10 per share. The above transactions closed on April 21, 2008. The sale of the shares by Liverpool and Elliott International to Blue Coat pursuant to the stock purchase agreement described above are not conditional upon the consummation of the Packeteer Transaction.

On April 20, 2008, Manchester Securities Corporation, a New York corporation and a wholly owned subsidiary of Elliott (“Manchester”), entered into a note purchase agreement with Blue Coat and other parties identified therein, pursuant to which Manchester agreed to acquire, for a purchase price of $40,000,000, (x) a senior convertible note (the “Note”) in principal amount of $40,000,000, convertible into common stock of Blue Coat at a conversion price of $20.76 and (y) warrants (“Warrants”) exercisable into 192,678 shares of common stock of Blue Coat at an exercise price of $20.76 per share. The Note and Warrants are convertible and exercisable, as applicable, pursuant to the terms thereof.

On April 21, 2008, Elliott filed an amendment to the Schedule TO it originally filed with the United States Securities and Exchange Commission (“SEC”) on March 20, 2008 (“Schedule TO”), terminating its tender offer.

(a)        None of the Reporting Persons beneficially owns any shares of Common Stock.

(c)        There were no transactions effected by the Reporting Persons during the past sixty (60) days other than the transactions described in Item 4.

(e)        On April 21, 2008, the Reporting Persons ceased to beneficially own 5% of the Issuer’s outstanding shares of Common Stock.

There are no contracts, arrangement, understandings or relationships with respect to the securities of the Issuer other than the transactions and agreements discussed in Item 4.

SIGNATURES

After reasonable inquiry and to the best of its knowledge and belief, the undersigned each certifies that the information with respect to it set forth in this statement is true, complete and correct.