This Monday (on January 23, 2012), Juniper Networks, one of the leaders in network innovation and BitGravity Inc.
, the Content Delivery Network subsidiary owned by Tata Communications, announced
that the former had acquired rights to the service management layer of the CDN entity, which will allow it create additional integrated CDN solutions for its customers.
As part of the deal, BitGravity will integrate Juniper’s Media Flow solution to its Content Delivery Network offering, thus allowing faster and better content delivery of rich media and streamed content to its customers. The solution will also target multiple screens and reach out to PCs, laptops, tablets and smart phones, thus allowing customers to stream their content to wider audiences, thus providing additional monetizing options. At its end, Tata Communications
will continue to expand and improve its Content Delivery Network services in parallel.
Juniper mentioned that it was happy with the acquisition, and its stock prices also soared at the news. Nevertheless, the financial terms of this acquisition are not revealed.