Blue Coat Acquires Packeteer

SUNNYVALE, Calif. -- Blue Coat Systems, Inc. (Nasdaq:BCSI - News), the leader in Wide Area Network (WAN) Application Delivery and Secure Web Gateway, today announced that it has completed the acquisition of Packeteer, Inc., an industry pioneer in delivering sophisticated WAN traffic prioritization technologies, including application classification and performance management.

The acquisition of Packeteer extends Blue Coats market leadership and enables it to provide an even more comprehensive WAN Application Delivery solution to a large and loyal customer base. Blue Coat will now have an additional 10,000 customers worldwide, as well as 50 additional sales teams and over 1,400 new channel partners. The acquisition also adds the highly regarded PacketShaper® product and technologies to the Blue Coat product portfolio. This product offers industry leading application classification and traffic shaping capabilities enabling users to have greater visibility and control of network traffic. By combining PacketShaper functionality with its award winning ProxySG® appliance, Blue Coat will provide customers with the ability to see traffic on their networks and pro-actively accelerate, prioritize, limit or block it.

“Through our aggressive and differentiated approach to WAN optimization, we have been able to rise quickly to the top of that market,” said Brian NeSmith, president and chief executive officer, Blue Coat Systems. “Acquiring Packeteer provides us important short and long term benefits that advance our market leadership. We should achieve near term enhancement of our sales and marketing efforts, through Packeteer’s experienced sales force and reseller channel, and through selling the popular PacketShaper product, which complements our existing product line. More important, with this acquisition of Packeteer’s business, people and innovative technologies, we take a major step towards achieving our long-term vision of offering a comprehensive, new layer of network intelligence that enables visibility and control far beyond that available from today’s connection oriented network.”

Blue Coat Systems Inc.