Network Computing is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Alcatel-Lucent Acquires Leading Content Delivery Network Provider Velocix: Page 2 of 2

"Velocix, with demonstrated strength in video and multimedia content delivery technologies, the highly distributed nature of their network architecture, and the skills and expertise of their team made them an ideal fit for Alcatel-Lucent," Philippe Keryer added.

"We are very excited at becoming part of Alcatel-Lucent and the opportunities that this will give Velocix and its customers," said John Lee, Chief Executive Officer at Velocix. "The acquisition is a great fit for both businesses, fully leverages our achievements to date and adds the strategic backing of a major corporation that is well positioned to shape the future of digital content distribution."
About Velocix
Velocix is a UK headquartered Content Delivery Network (CDN) solutions and services provider to the media, entertainment, software and telco industries.The Velocix global network provides an Internet fast lane for digital assets such as video, music, software and games. With Velocix, high quality streamed video plays uninterrupted from start to finish and file downloads complete without failure in a fraction of the time.
About Alcatel-Lucent
Alcatel-Lucent (Euronext Paris and NYSE: ALU) is the trusted partner of service providers, enterprises and governments worldwide, providing solutions to deliver voice, data and video communication services to end-users. A leader in fixed, mobile and converged broadband networking, IP technologies, applications and services, Alcatel-Lucent leverages the unrivalled technical and scientific expertise of Bell Labs, one of the largest innovation powerhouses in the communications industry. With operations in more than 130 countries and the most experienced global services organization in the industry, Alcatel-Lucent is a local partner with a global reach. Alcatel-Lucent achieved revenues of Euro 16.98 billion in 2008 and is incorporated in France, with executive offices located in Paris. For more information, visit Alcatel-Lucent on the Internet: http://www.alcatel-lucent.com
Source: Alcatel-Lucent