Juniper to Acquire Ankeena Networks
Juniper Networks (JNPR) announced that it is acquiring Ankeena Networks, a privately-held company focused on efficient delivery of video and other media content. Ankeena’s Media Flow Director product contains a multi-tier caching technology, providing up to a 10 to 1 reduction in the number of servers needed to deliver media, with a similar reduction in transit network and media delivery costs.
“Juniper’s acquisition of Ankeena reflects our commitment to transforming the experience and economics of networking — in this case by delivering an enhanced TV-like user experience of both fixed and mobile video traffic, while enabling crucial TCO reductions for operators,” said Manoj Leelanivas, executive vice president and general manager, Junos Ready Software at Juniper Networks.
Ever since the rise of YouTube, online video has continued to grow exponentially. Anshu Agarwal, on Fierce Online Video points out that “while the business models and value chain positioning will continue to evolve, the need for a very high-quality viewing experience as we have come to expect with TV, movies and today’s on-demand DVR system is absolute.” FierceOnlineVideo also recently named Ankeena as a winner of its “Fierce 15″ award, a recognition bestowed on the most innovative emerging companies in the video industry. The mobile market for video is hot as well – with Akamai announcing that they will deliver high quality experiences to the iPad for CondeNast, National Geographic and NPR.
“Over the past few months Ankeena had getting some good traction in the MSO, ISP and CDN space and had quite a few large customers who’s names had yet to be announced,” Dan Rayburn notes at the Business of Online Video. “Being under the Juniper umbrella should now give Ankeena the ability to get their product to market faster and gives Juniper more technology to compete with Cisco and others.”
Ankeena was founded in 2008 and the four co-founders along with senior management at the company have agreed to assume leadership roles within the Juniper Junos Ready Software business group.
[...] software-based value that enhances the JUNOS profile, and responds to actual customer requirements relating to cost-effective, reliable, scalable, and high-quality video delivery. What’s more, the companies had a prior [...]