Riverbed Acquires Ocedo

Acquisition accelerates Riverbed’s strategy to deliver next-generation software-defined networking solutions to customers, and creates significant new growth opportunities

Riverbed Technology has acquired Ocedo. The acquisition furthers Riverbed’s strategy to deliver next-generation, software-defined networking solutions that provide superior application performance and business agility for today’s hybrid enterprises.
“Their innovative software-defined networking solutions perfectly complement our own strategic investments in R&D, expanding our position to aggressively compete in the emerging markets for software-defined networks and SD-WAN,” said Jerry M. Kennelly, Chairman and Chief Executive Officer of Riverbed.

“Coupled with Riverbed’s industry-leading portfolio of application performance infrastructure, this move solidifies Riverbed’s position as a trusted provider of innovative and high performance network software solutions, at a critical time when enterprises are looking to deploy next-generation networks.” said Zeus Kerravala of ZK Research.

This acquisition further fuels Riverbed’s Project Tiger initiative in which Riverbed plans to bring to market a new suite of application-centric SD-WAN solutions that will eliminate the need for traditional branch routers. Riverbed plans to launch an initial SD-WAN solution in Q1 2016 to complement and expand the Riverbed Application Performance Platform. “I’m confident that Ocedo’s technology will thrive and grow within Riverbed, and we’re energized to continue to innovate and develop solutions that will change how applications are delivered in the modern enterprise.”said Jan Hichert, CEO of Ocedo.