Premium
This is an archive article published on February 16, 2011

Tata Comm acquires US-based BitGravity

Tata Comm has completed acquisition of US-based content delivery network provider,BitGravity.

Tata Communications,said that it has completed the acquisition of US-based content delivery network CDN provider,BitGravity.

The acquisition of BitGravity,which built the first video delivery network to deliver video on demand and live streams on the Internet,is a 8220;logical next step8221; to enhance Tata Communications8217; global CDN offering,the company said in a release.

In 2008,Tata Communications had entered into a strategic tie-up with the company by investing USD 11.5-million which helped it bag clients like NDTV,Web18,Quick Heal Technologies and Nimbus Communications,the release said.

However,details of the transaction,which was first announced on January 11,like total deal value,were not mentioned by the company.

BitGravity8217;s Chief Executive and co-founder,Perry Wu,will continue to lead the existing team from its San Francisco office in conjunction with Tata Communications8217; global CDN team,it said.

 

Latest Comment
Post Comment
Read Comments
Advertisement
Advertisement
Advertisement
Advertisement