Riverbed Announces Acquisition of Leading SD-WAN Provider Ocedo
San Francisco, CA: One of the leading application performance infrastructure companies, Riverbed Technology announced the acquisition of Ocedo. While creating better growth opportunities for Riverbed, the acquisition will deliver best-in-class next-generation SD-WAN solutions that allow superior application performance and business agility for today’s hybrid enterprises. Based out of Germany, Ocedo is a leading provider of software-defined networking and SD-WAN (software-defined wide-area-network) solutions.
With a set of products that include secure gateways, wireless access points and switches, and an integrated cloud management system, Ocedo has developed an innovative software-defined branch office networking solution that enables zero-touch provisioning and centralized control of remote devices and network services. This acquisition further incites Riverbed’s Project Tiger initiative, announced in 2015. Riverbed plans to bring to market a new suite of application-centric SD-WAN solutions that eliminates the need for traditional branch routers and provides cloud-based zero-touch provisioning and management.
“Ocedo is a compelling and strategic acquisition for Riverbed. Their innovative software-defined networking solutions perfectly complement our own strategic investments in R&D, expanding our position to aggressively compete in the emerging markets for software-defined networks and SD-WAN,” said Jerry M. Kennelly, Riverbed Chairman and Chief Executive Officer.
Enabling IT to provide fast and secure delivery of applications hosted on-premises or in the public cloud with greater agility and ease, SD-WAN solutions streamline and simplify how hybrid WANs are deployed and managed. By adopting a unique application-centric approach to software-defined networking, Riverbed provides fast and agile application delivery. To gain the full benefits of software-defined networking solutions, Riverbed offers an ample Application Performance Platform that delivers end-to-end visibility, optimization and control, enabling enterprises.
“We are very excited to join the Riverbed team, as they are as passionate and committed as we are to disrupting the status quo by delivering superior networking solutions in today’s cloud, mobile and hybrid world,” said Jan Hichert, CEO of Ocedo.