-- INTEROP Las Vegas
--
Akamai Technologies, Inc. (NASDAQ: AKAM), the leading provider of
cloud optimization services, and Riverbed Technology (NASDAQ:
RVBD), the IT performance company, today announced their work on a
joint offering designed to overcome the application performance
bottlenecks facing enterprises that leverage public cloud services.
Today's enterprises are increasingly adopting public cloud
computing services to avoid costly infrastructure build out, and to
bring efficiency to business models such as software as a service
(SaaS). As a result, business applications in the cloud, having
once resided within the corporate network, are being accessed over
an often unpredictable public Internet. New solutions are required
to overcome the performance, availability, scalability and security
issues introduced by this hybrid network environment.
"Enterprises are increasingly deploying a mix of both in-house
and cloud-based applications," said Joe Skorupa, research vice
president, data center transformation, at Gartner. "As this shift
to hybrid networks occurs, ensuring application performance and
end-user productivity is critical, creating a need to integrate
access to corporate applications, as well as SaaS, in a single
pervasive framework."
Akamai and Riverbed® are announcing their intention to develop a
joint application acceleration solution for hybrid cloud networks
that leverages a combination of Internet optimization and wide area
network (WAN) optimization. The planned solution would be designed
to accelerate cloud-based applications.
Akamai and Riverbed offerings are already used separately today
by more than 13,000 organizations, including by Fortune 500
businesses worldwide. Akamai's globally-distributed network of more
than 90,000 servers deployed in the cloud provides route, protocol
and application layer optimizations for the Internet, and serves
roughly 30 percent of all Web traffic. Riverbed has thousands of
appliances deployed within enterprise networks providing network,
application and storage optimizations for the WAN.
In creating a joint offering, Akamai and Riverbed intend to
focus on technology integration designed to solve the new
application performance challenges introduced by hybrid cloud
networks. Akamai Internet optimization software would be integrated
within Riverbed Steelhead® appliances with the goal of extending
Internet optimizations into enterprise networks, thereby extending
Akamai's edge from close proximity to the data center to directly
within the enterprise.
In addition, Riverbed WAN optimization software would be
integrated within Akamai edge servers with the goal of extending
WAN optimization into the public cloud, thereby extending
Riverbed's edge from the data center to close proximity to cloud
data centers.
"The rapid move to the cloud presents new opportunities for two
industry leaders, Riverbed and Akamai, to create solutions for
enterprises to simplify their extension to the cloud while
leveraging the infrastructure they already have in place," said
Eric Wolford, executive vice president of Marketing and Business
Development, Riverbed. "Accelerating software as a service, for
example, across a hybrid cloud environment helps businesses
increase application adoption. We believe that greater adoption
means improved business results, operating and infrastructure
savings, and user productivity."
"Akamai's highly-distributed architecture
is close to any public cloud infrastructure and Riverbed Steelhead
appliances stretch across thousands of enterprise IT networks from
the data center to the branch office and mobile worker," said
Willie Tejada, vice president, Application and Site Acceleration,
Akamai. "The alliance is focused on marrying best-in-class protocol
optimizations for maximum acceleration and infrastructure offload.
Together, both companies expect to provide a seamless solution with
quick time-to-value while leveraging each other's existing
footprints."
The joint offering is expected to be available early in 2012.
Both companies invite existing and prospective customers to visit
http://www.akamai.com/riverbed or http://www.riverbed.com/akamai to
learn more about the strategic relationship.
About Akamai Akamai® provides
market-leading, cloud-based services for optimizing Web and mobile
content and applications, online HD video, and secure e-commerce.
Combining highly-distributed, energy-efficient computing with
intelligent software, Akamai's global platform is transforming the
cloud into a more viable place to inform, entertain, advertise,
transact and collaborate. To learn how the world's leading
enterprises are optimizing their business in the cloud, please
visit www.akamai.com and follow @Akamai on Twitter.
About Riverbed Riverbed delivers
performance for the globally connected enterprise. With Riverbed,
enterprises can successfully and intelligently implement strategic
initiatives such as virtualization, consolidation, cloud computing,
and disaster recovery without fear of compromising performance. By
giving enterprises the platform they need to understand, optimize
and consolidate their IT, Riverbed helps enterprises to build a
fast, fluid and dynamic IT architecture that aligns with the
business needs of the organization. Additional information about
Riverbed (NASDAQ: RVBD) is available at www.riverbed.com.
Riverbed and any Riverbed product or service name or logo used
herein are trademarks of Riverbed Technology, Inc. All other
trademarks used herein belong to their respective owners.
Akamai Statement Under the Private Securities
Litigation Reform Act This release contains information about
future expectations, plans and prospects of Akamai's management
that constitute forward-looking statements for purposes of the safe
harbor provisions under The Private Securities Litigation Reform
Act of 1995. Actual results may differ materially from those
indicated by these forward-looking statements as a result of
various important factors including, but not limited to, the
effects of any attempts to intentionally disrupt Akamai's services
or network or Riverbed's services or products by hackers or others,
the inability of Akamai and Riverbed technology or systems to
operate together as expected or to continue to be interoperable,
the failure of hybrid cloud networks to develop as expected, a
failure of Akamai's network infrastructure, and other factors that
are discussed in Akamai's Annual Report on Form 10-K, quarterly
reports on Form 10-Q, and other documents periodically filed with
the SEC.
Riverbed Statement on Forward Looking
Statements This press release contains forward-looking
statements, including statements relating to the expected demand
for Riverbed's products and services, statements of the plans,
strategies and objectives of Riverbed management regarding future
products and product plans, statements regarding the growth
characteristics of, and customer demand relating to, the cloud
market, statements regarding Riverbed's ability to grow the cloud
market, statements regarding performance results of Riverbed
solutions and customer cost savings following implementation of
Riverbed solutions that may suggest likely or certain outcomes, and
statements relating to Riverbed's ability to meet the needs of
distributed organizations. These forward-looking statements involve
risks and uncertainties, as well as assumptions that, if they do
not fully materialize or prove incorrect, could cause our results
to differ materially from those expressed or implied by such
forward-looking statements. The risks and uncertainties that could
cause our results to differ materially from those expressed or
implied by such forward-looking statements include our ability to
react to trends and challenges in our business and the markets in
which we operate; our ability to anticipate market needs or develop
new or enhanced products to meet those needs; the adoption rate of
our products; our ability to establish and maintain successful
relationships with our distribution partners; our ability to
compete in our industry; fluctuations in demand, sales cycles and
prices for our products and services; shortages or price
fluctuations in our supply chain; our ability to protect our
intellectual property rights; general political, economic and
market conditions and events; and other risks and uncertainties
described more fully in our documents filed with or furnished to
the Securities and Exchange Commission. More information about
these and other risks that may impact Riverbed's business are set
forth in our Form 10-Q filed with the SEC on April 29, 2011. All
forward-looking statements in this press release are based on
information available to us as of the date hereof, and we assume no
obligation to update these forward-looking statements. Any future
product, feature or related specification that may be referenced in
this release are for information purposes only and are not
commitments to deliver any technology or enhancement. Riverbed
reserves the right to modify future product plans at any time.
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Contacts Jeff Young Akamai Media Relations 617-444-3913 Email
Contact Natalie Temple Akamai Investor Relations 617-444-3635 Email
Contact Jin Woo Riverbed Media Relations 415-344-6465 Email Contact
Renee Lyall Riverbed Investor Relations 415-247-6353 Email
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