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Sources: Packeteer Eyeing Tacit

It looks like the relationship between Packeteer and startup Tacit Networks is about to get closer.

Industry sources say Packeteer is about to acquire Tacit, less than eight months after the two entered a reseller deal to combine WAN optimization and wide area file services (WAFS) wares. (See Packeteer Gives Tacit Approval.) One industry source says Packeteer could pay as much as $60 million for the startup.

"It makes sense," reckons a storage analyst who claims a deal is imminent. "They have an existing relationship with joint selling. They're already practically joined at the hip."

Packeteer and Tacit refused to comment on the speculation, but industry sources say the deal has been in the works for months and could be announced next week. It would be Packeteer's second acquisition in the space, following its $16.5 million grab of Mentat in December 2004. (See Packeteer Primes Protocols.)

A Packeteer-Tacit acquisition would continue several trends in the WAN acceleration/wide area file services (WAFS) market. First, several public companies have gobbled up startups. Cisco bought Actona and FineGround, Juniper acquired Peribit, and F5 picked up Swan Labs. (See Cisco Acts on Actona, Cisco Chomps FineGround, Peribit Deal: More to Come and {80153}.)

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