Juniper buys Ankeena for multi-platform view solutions
New media infrastructure provider Ankeena Networks has been acquired by Juniper Networks in a deal valued at around $100m. The networking giant will integrate Ankeena's technology into to address the rising demand for rich media content.
As an addition to the Junos Ready Software business group, Juniper will rework the Ankeena software to offer high-performance content delivery networking and ‘3 Screen’ media delivery solutions for the next-generation service provider network, and the anticipated capitalisation of massive growth of video traffic on fixed and mobile networks.
Ankeena’s ability to support different adaptive video streaming technologies without any buffering or stuttering works by dynamically detecting the available bandwidth and varying the delivery bit-rate.
“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,” says Manoj Leelanivas, executive vice president and general manager, Junos Ready Software, at Juniper Networks.