weight in a graph with weights on the edges. b-Matching is a generalization of the well-known Matching problem in graphs, where the objective is to choose a subset of M edges in the graph such that at most a specified number b(v) of edges in M are incident on each vertex v. Subject to this restriction we maximize the sum of the weights of the edges in M. We prove that the b-Suitor algorithm computes the same b-Matching as the one obtained by the greedy algorithm for the problem. We implement the algorithm on serial and shared-memory parallel processors, and compare its performance against a collection of approximation algorithms that have been proposed for the Matching problem. Our results show that the b-Suitor algorithm outpeforms the Greedy and Locally Dominant edge algorithms by one to two orders of magnitude on a serial processor. The b-Suitor algorithm has a high degree of concurrency, and it scales well up to 240 threads on a shared memory multiprocessor. The b-Suitor algorithm outperforms the Locally Dominant edge algorithm by a factor of fourteen on 16 cores of an Intel Xeon multiprocessor.