Riverbed Buys Xirrus to Bolster SD-WAN OfferingRiverbed Buys Xirrus to Bolster SD-WAN Offering
Riverbed is acquiring cloud WiFi provider Xirrus in a deal that will bolster Riverbed's SD-WAN SteelConnect offering.
April 19, 2017
Riverbed Technology has signed an agreement to acquire Xirrus, a company that specializes in WiFi and other networking equipment. The deal is expected to close in May, although financial details were not released.
The global SD-WAN market is still niche right now, but it's expected to grow in importance over the next several years. By 2021, the market is expected to grow to nearly $3 billion in revenues, mainly driven by service providers in the telecom space. (See SD-WAN Market Soaring to Nearly $3B, Report Finds.)
SD-WAN uses software-defined networking to establish connections between distant locations, such as enterprise facilities and cloud providers. It provides a more flexible, less expensive alternative to wide-area networking depending on dedicated hardware.
Figure 1: (Source: Geralt via Pixabay)
Riverbed has been building out its SD-WAN capabilities to provide services, such as cloud and Internet of Things (IoT), to customers across geographic locations. This also requires the ability to control the network from the edge to the center of the data center. (See Enterprise Cloud Requires Cloud-Like Carriers – Riverbed.)
The deal for Xirrus now allows Riverbed to address some of these issues across the network, whether it's through LAN/WLAN, WAN, the data center, or the cloud itself. Riverbed's SteelConnect offering already integrates with Amazon Web Services, as well as Microsoft Azure.
What are the hottest jobs in the cloud? Get our special report to find out:
Cloud Skills: What's Hot?
"Riverbed plans to integrate the Xirrus solutions into SteelConnect SD-WAN to deliver a more robust Wi-Fi capability and a unique enterprise networking solution, and will also continue to offer a stand-alone enterprise WLAN solution to customers," Joshua Dobies, vice president of product marketing for Riverbed, wrote in an email to Enterprise Cloud News.
"The acquired technology will complement existing Riverbed strategic investments in R&D, and will add to its growing portfolio, creating significant value for Riverbed customers as well as new growth opportunities for Riverbed and its partners," Dobies added.
For its part, Xirrus was founded in 2004, and has collected more than $120 million in venture capital funding, according to Crunchbase . Xirrus is known for multi-radio access points that provide solid WiFi coverage in high-density user environments such as IoT, education, and large enterprises. In its statement, Riverbed did not say how many Xirrus employees would move over to the company after the deal closes next month.
About the Author(s)
You May Also Like
5G Network Automation and AI at Global Megaevents: A Telco AI-at-scale case study with Ooredoo and EricssonOct 10, 2023
5G Transport & Networking Strategies Digital Symposium.Oct 26, 2023
Improve Service Efficiency in the Call Center and Field with Slack AutomationOct 13, 2023
Open RAN Evolution Digital Symposium Day 1Jul 26, 2023
Dec 1, 2023