Riverbed Technology, which recently jumped into the fast-growing software-defined WAN market, is hoping to speed up product delivery with the acquisition of Ocedo, a startup that provides the networking technology as a cloud-managed service.
The acquisition will help Riverbed speed up its plan for the SD-WAN market.
Riverbed Technology is expanding its software-defined networking and software-defined WAN capabilities. The company acquired Germany-based Ocedo, a developer of SDN and SD-WAN products, with the intention of providing next-generation SDN products.
Riverbed Technology in October 2015 unveiled what officials called "Project Tiger," an initiative by the newly private company to make a push into the burgeoning software-defined WAN space.
Riverbed Technology's acquisition of software-defined networking specialist Ocedo is going to drive net new services for channel partners, with combined technologies set to launch in the near future, according to Riverbed.
Close to 90 percent of business executives surveyed by Wakefield Research on behalf of Riverbed said that poor app performance negatively affects their work, and more than half said that this happens weekly.
Ensuring application performance is becoming challenging at a time when enterprises increasingly are adopting cloud computing and hybrid IT infrastructures, according to a recent survey by Riverbed Technology.
A new survey of 900 business executives at companies with $500 million or more in revenue shows a major gap between enterprise app needs and IT’s ability to deliver optimal performance.
Riverbed assists anti-poverty programs, natural disaster relief and disadvantaged youth.
Riverbed Technology is about to roll out an incremental release of SteelFusion. Version 4.2 of the hyper-converged infrastructure product includes support for VMware vSphere 6.
Riverbed, at more than $1 billion in annual revenue, is the leader in application performance infrastructure, delivering the most complete platform for the hybrid enterprise to ensure applications perform as expected, data is always available when needed, and performance issues can be proactively detected and resolved before impacting business performance. Riverbed enables hybrid enterprises to transform application performance into a competitive advantage by maximizing employee productivity and leveraging IT to create new forms of operational agility. Riverbed’s 27,000+ customers include 97% of the Fortune 100 and 98% of the Forbes Global 100.
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