Silver Peak Wraps Q2

Silver Peak wraps fiscal Q2 as fastest growing WAN optimization company

March 8, 2011

1 Min Read

SANTA CLARA, Calif. -- Silver Peak Systems, the leader in data center class wide area network (WAN) optimization, today announced it is the fastest growing WAN optimization company and is on track for record revenue based on the results of its fiscal second quarter. The quarter, which closed on January 31, 2011, was marked by increased customer adoption, rapid international expansion, a growing channel partner program, aggressive hiring and positive industry analyst feedback.

Silver Peak's rapid growth is fueled by more applications and IT initiatives converging in the data center. This has driven a requirement for "data center class" WAN optimization around strategic IT initiatives such as disaster recovery, application centralization, cloud computing, data center consolidation and virtual desktop infrastructures (VDI).

"Data center class WAN optimization is one of the fastest growing technology segments and a critical enabler for today's most strategic IT initiatives," said Larry Cormier, senior vice president of marketing for Silver Peak. "It's no longer about trying to check the box for every application you want to run; it's about being application agnostic and optimizing the network for all applications. This has led Silver Peak to become the trusted WAN optimization solution for countless IT organizations that want to spend less and move more data across further distances -- whether between data centers, or between data centers and branch offices."

Silver Peak Systems Inc.

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