Allot Communications Completes Acquisition of Oversi Networks
Allot (News - Alert) Communications announced that it has completed the acquisition of Oversi Networks, a provider of rich-media caching and content delivery solutions for Internet video and peer-to-peer (P2P) traffic. The agreement was announced on July 31, 2012.
The acquisition enhances Allot's vision to integrate the widest range of critical value-added services in its industry-leading Allot Service Gateway (News - Alert). Allot now enables operators to implement comprehensive video strategies by integrating caching with a portfolio of video services including video optimization, analytics and tight integration with both policy and charging. The Allot Service Gateway enables wireless and wireline service providers worldwide to quickly and efficiently drive new revenue sources and to effectively manage the ever-increasing volume of video traffic on their networks.
Oversi's innovative caching and acceleration solutions help both fixed and mobile service providers to relieve the heavy network congestion associated with Internet video traffic. Its technology identifies popular content and caches it at the edge of the network, therefore achieving significant bandwidth saving and minimizing long delays in Video delivery and enabling the operator to better monetize the flood of video. The end result is a dramatic improvement in the subscribers' quality of experience (QoE) for video applications. Oversi's solution has been widely deployed at several large and medium service providers to date.
Allot Communications (News - Alert) is a provider of intelligent solutions to optimize and monetize over-the-top Internet traffic in fixed and mobile broadband networks and large enterprises. Allot Service Gateway offers service providers a broad range of value-added services in a single platform, which includes the analytics, policy control, video optimization, video caching and charging that are vital to managing fixed and mobile data, enhancing user experience, containing operating costs, and enabling service providers to generate revenues from their broadband networks.
Recently, Allot Communications ranked third with a future earnings growth of 30.3 percent in a ranking of Systems Software industry with highest future earnings growth. The growth of earnings per share (next fiscal year estimated vs. current fiscal year estimated) is important to gauge future profitability and relative value. Higher EPS growth generally justifies higher earnings multiples.
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Edited by Brooke Neuman