Juniper Agrees To Acquire Ankeena Networks, Deal Valued Under $100M
Juniper Networks has just announced that it has agreed to acquire privately help Ankeena Networks in a deal that will have a closing of "less than $100 million." For Ankeena, a company that was already working with Juniper it's a quick sale after only being in the market for a little over a year. Formerly called Nokeena Networks, the company recently launched a purpose-built software appliance called "Media Flow Director" that the company says can "deliver up to 10 times the session capacity and network throughput of a general-purpose web and caching servers".
Over the past few months Ankeena had been 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. 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 had raised $16M to date and competed with the likes of Verivue, Alcatel-Lucent's Velocix offering, Oversi, Edgeware, Cisco, PeerApp and Edgeware amongst others. The company will be one of the presenters at the Content Delivery Summit next month, May 10th in NYC.