Alcatel-Lucent Acquires Leading Content Delivery Network Provider Velocix
This is a Vendor Newsfeed Posted by Mike Fratto, Editor
July 29, 2009
PARIS, July 28/PRNewswire-FirstCall/ -- Alcatel-Lucent (Euronext Paris and NYSE: ALU) announced today that it has acquired Velocix, a leading global provider of Content Delivery Network (CDN) infrastructure and services to Internet and broadband service providers and media and entertainment companies.
CDNs optimize digital distribution over the Internet by replicating popular video and rich media content to geographically dispersed networks of delivery servers. This allows user requests for content to be served more rapidly and reliably from these local delivery servers rather than from a single source.
"With the acquisition of Velocix, Alcatel-Lucent brings a new, unique value proposition to network operators struggling to support their customers' demands for high-performance delivery of rich media content - technology solutions for localized caching, as well as metro and regional/national overlay CDN services that enable ISPs and content providers to establish mutually beneficial commercial agreements," said Melanie A. Posey, Research Director, Hosting & Telecom Services, IDC.
The acquisition of Velocix brings Alcatel-Lucent an enabling CDN infrastructure solution for Internet Service Providers and a wealth of experience and expertise that complements its existing technology and business initiatives. Velocix has a proven track record of constant innovation and advancement in Content Delivery Network technologies. The company was first to market a turn-key solution - Velocix Metro - that allows Internet and broadband service providers to deploy their own advanced delivery capabilities to support their digital content initiatives.
"This acquisition strengthens our leading-edge portfolio of products and services in a key strategic area. Combined with our integration capabilities, it fits nicely into our Application Enablement strategy and our vision of the 'high leverage network' that supports it. It also demonstrates our company's commitment to investing in the capabilities, know-how and technologies needed to effectively support the rapid evolution towards a video-centric world - with maximum reliability and optimal quality of experience," said Philippe Keryer, President of Alcatel-Lucent's Carrier product group.
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