Alcatel-Lucent Buys Velocix Content Delivery Network

Authored by Mark Hefflinger on July 28, 2009 - 7:35am.

Paris - French telecom equipment firm Alcatel-Lucent announced on Tuesday that it has acquired Velocix, a provider of content delivery network services.

Financial terms of the transaction were not disclosed.

U.K.-based Velocix's service helps speed content like video, music, software and games across the Internet.

"The acquisition of Velocix brings Alcatel-Lucent an enabling CDN infrastructure solution for Internet Service Providers and a wealth of experience and expertise that complements its existing technology and business initiatives," the company said.

"It also demonstrates our company's commitment to investing in the capabilities, know-how and technologies needed to effectively support the rapid evolution towards a video-centric world -- with maximum reliability and optimal quality of experience," said Philippe Keryer, president of Alcatel-Lucent's carrier product group.

Related Links:
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http://www.velocix.com