Pressemitteilung von Nicole Stück

Tata Communications schließt Übernahme von BitGravity ab

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Tata Communications, Anbieter von Kommunikationslösungen, hat die Übernahme von BitGravity, einem preisgekröntes Content Delivery Netzwerk, abgeschlossen. BitGravity wird Teil von Tata Communications Ltd. und wird als Tochtergesellschaft auftreten. Perry Wu wird nach der Akquisition weiterhin dem bereits bestehenden Team vorstehen. Es wird von San Francisco aus mit dem globalen CDN-Team von Tata Communications zusammenarbeiten.

Mumbai, India, 16 February 2011 - Tata Communications, a leading provider of the new world of communications, today announces the completion of its acquisition of BitGravity, an award winning content delivery network (CDN). BitGravity will join Tata Communications Ltd. and will integrate as a Tata Communications operating business subsidiary. Perry Wu will continue to lead the existing team, who will remain after the acquisition. They will operate from San Francisco in conjunction with Tata Communications" global CDN team.

The acquisition, initially announced on 11 January 2011, complements Tata Communications" global media and enterprise strategy. It will add enhanced CDN and streaming capabilities to its growing line-up of value-added hosting, storage, and security services, all of which leverage Tata Communications" global IP network. The addition of BitGravity"s product portfolio and its employee skill set will further accelerate the delivery of new features and services to Tata Communications" customers.

"With this acquisition, we are able to combine our global infrastructure with BitGravity"s CDN technology and infrastructure to create a larger global footprint and a more efficient cost base. This will provide enhanced content delivery services that further address the needs of media and enterprise businesses" says Genius Wong, Senior Vice President, Global Network Services, Tata Communications.

"There are a number of strong synergies between Tata Communications and BitGravity. As a single entity, we can utilize the best network path within Tata Communications" Global IP network, allowing the organization to further differentiate itself in a noisy, global marketplace. We are looking forward to joining the Tata Communications team together with the exciting opportunities that this deal brings to the industry" says Perry Wu, CEO and co-founder of BitGravity.

In 2008, Tata Communications entered into a strategic alliance with BitGravity that included the licensing of BitGravity"s CDN technology and the federation of BitGravity"s and Tata Communications" delivery networks. The company also made a strategic investment of $11.5 million in BitGravity, enabling Tata Communications to enter the market with its own global CDN in 2008. This resulted in successful traction with high profile media, content and gaming companies in Europe, Asia and India such as NDTV, Web18, Quick Heal Technologies and Nimbus Communications. The decision to wholly purchase BitGravity was a logical next step to further enhance Tata Communications" global CDN offering.

Tata Communications will execute the integration of the two companies" products, customers and employees with immediate effect to ensure a smooth transition that will deliver instantaneous value for customers, partners and investors.

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