Acquisition to accelerate Riverbed’s strategy to deliver next-generation software-defined networking solutions to customers, and create significant new growth opportunities
SD-WAN solutions streamline and simplify how hybrid WANs are deployed and managed, enabling IT to provide fast and secure delivery of applications hosted on-premises or in the public cloud with greater agility and ease.
The SD-WAN market is expected to grow significantly in the next several years. According to Gartner, “by the end of 2019, 30% of enterprises will use SD-WAN products in all their branch offices, up from less than 1% today.” (Gartner, Inc., Market Guide for Software-Defined WAN, Bjarne Munch, December 1, 2015)
An early pioneer in software-defined networking, Ocedo has developed an advanced software-defined branch office networking solution, with a portfolio of products that include secure gateways, wireless access points and switches, and an integrated cloud management system that enables zero-touch provisioning and centralised control of remote devices and network services.
“The acquisition of Ocedo is a game changer, as it immediately positions Riverbed among the leaders of software-defined networking and SD-WAN solutions,” said Zeus Kerravala of ZK Research.
“Coupled with Riverbed’s industry-leading portfolio of application performance infrastructure, this move solidifies Riverbed’s position as a trusted provider of innovative and high performance network software solutions, at a critical time when enterprises are looking to deploy next-generation networks.”
This acquisition further fuels Riverbed’s Project Tiger initiative, announced in Fall 2015, in which Riverbed plans to bring to market a new suite of application-centric SD-WAN solutions that will eliminate the need for traditional branch routers, provides cloud-based zero-touch provisioning & management, and will be based on a new software operating platform that enables agile service-chaining for Riverbed-native and 3rd-party services and applications.
* Full press release here.