Juniper Networks (NYSE: JNPR), which last week jumped into the wireless networking market with its $152 million purchase of Trapeze networks, has acquired the intellectual property assets of Blackwave, which specializes in Internet video storage and delivery infrastructure. Juniper said it will use Blackwave's technology to help it create a converged content delivery solution. Terms of the deal were not disclosed.
By integrating the Blackwave technology with its own Media Flow Controller, Juniper adds storage performance and scaling capabilities that provides a solution for its customers who require scalable and efficient distribution of content and high-quality video over the Internet, Juniper said.
"The acquisition of Blackwave technology continues Juniper's commitment to the new network by serving the rapidly escalating appetite for high-quality video from anywhere to any device," said Rajan Raghavan, vice president and general manager, Content and Media Business Unit, Juniper Networks.
Media Flow is a converged content delivery and caching solution that dramatically improves the performance of rich media delivery by leveraging unique innovations such as hierarchical caching, superior media-aware intelligence and massive scalability. The company launched the platform in October.
- see this release
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