Acquisition accelerates Riverbed’s strategy to deliver next-generation software-defined networking solutions to customers
Riverbed Technology acquired Germany-based Ocedo, a leading provider of software-defined networking and SD-WAN (software-defined wide-area-network) solutions. The acquisition furthers Riverbed’s strategy to deliver next-generation, software-defined networking solutions that provide superior application performance and business agility for today’s hybrid enterprises. The acquisition of the privately-held company will expand and accelerate Riverbed’s delivery of best-in-class SD-WAN solutions to customers, while creating significant new growth opportunities for Riverbed and its partners.
“Ocedo is a compelling and strategic acquisition for Riverbed. Their innovative software-defined networking solutions perfectly complement our own strategic investments in R&D, expanding our position to aggressively compete in the emerging markets for software-defined networks and SD-WAN, bringing disruption to the multi-billion dollar branch router market,” said Jerry M. Kennelly, Riverbed Chairman and Chief Executive Officer. “As the industry goes through one of the largest transformations in a decade, with cloud and hybrid IT environments requiring a different approach to networking, Riverbed is well positioned to help businesses reap the benefits of newer and superior network architectures that are application-centric and software-defined.”
An early pioneer in software-defined networking, Ocedo has developed an advanced software-defined branch office networking solution, with a portfolio of products that include secure gateways, wireless access points and switches, and an integrated cloud management system that enables zero-touch provisioning and centralized control of remote devices and network services.
Riverbed’s unique application-centric approach to software-defined networking provides fast and agile application delivery to the edge of distributed enterprises. Additionally, Riverbed offers a comprehensive Application Performance Platform that delivers end-to-end visibility, optimization and control, enabling enterprises to realize the full benefits of software-defined networking solutions.
This acquisition further fuels Riverbed’s Project Tiger initiative, announced in Fall 2015, in which Riverbed plans to bring to market a new suite of application-centric SD-WAN solutions that will eliminate the need for traditional branch routers, provides cloud-based zero-touch provisioning & management, and will be based on a new software operating platform that enables agile service-chaining for Riverbed-native and 3rd-party services and applications. Riverbed plans to launch an initial SD-WAN solution in Q1 2016 to complement and expand the Riverbed Application Performance Platform.
