Juniper Networks Acquires IP Assets of Blackwave
On Internet video storage and delivery infrastructure
This is a Press Release edited by StorageNewsletter.com on November 23, 2010 at 3:38 pmJuniper Networks has acquired the intellectual property assets of Blackwave, Inc., in Internet video storage and delivery infrastructure, enhancing the company’s solutions for delivering Internet video content with scale, performance and efficiency. Financial terms of the transaction were not disclosed.
Juniper plans to integrate Blackwave’s technology with Juniper Networks Media Flow Controller, creating converged content delivery solutions. This move reinforces Juniper’s investment in technologies that bring value to service providers, content providers and content delivery networks (CDNs).
"The acquisition of Blackwave technology continues Juniper’s commitment to the new network by serving the rapidly escalating appetite for high-quality video from anywhere to any device," said Rajan Raghavan, vice president and general manager, Content and Media Business Unit, Juniper Networks. "The Blackwave technology brings storage performance and scaling capabilities that, combined with the Media Flow platform and Juniper’s high-performance networking systems, will provide a compelling solution for our customers who require scalable and efficient distribution of content and high-quality video over the Internet."
Juniper Networks Media Flow portfolio includes advanced software and hardware designed to address the challenges of rich media delivery. Media Flow is a converged content delivery and caching solution that dramatically improves the performance of rich media delivery by leveraging unique innovations such as hierarchical caching, superior media-aware intelligence and massive scalability. With Media Flow, customers can profitably and efficiently deliver rich media content at massive scale.