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Allot Communications to buy Ortiva Wireless
Posted on Tuesday, 01 May 2012 14:54
Listed Israeli bandwidth optimisation software maker Allot Communications has entered into a definitive agreement to acquire Ortiva Wireless, a Californian mobile video management company.
The terms of the deal, which is expected to complete during the second quarter of this year, have not been disclosed.
The acquisition is expected to enhance both companies’ services, helping mobile providers to manage the amount of video traffic on their networks.
Rami Hadar, chief executive of Allot said: “As video becomes an ever-increasing challenge for mobile networks, this acquisition will allow Allot to offer a robust and tightly integrated video optimisation service within Allot service gateway.”
Marc Zionts, chief executive of Ortiva added: "Combining our unique technology with Allot's industry-leading solutions will allow us to continue and expand our mission of enabling service providers to manage the ever-increasing flood of data traffic while significantly improving the quality of experience for each individual subscriber.”
Ortiva is headquartered in La Jolla, and claims to provide the most advanced mobile management services in its sector.
The company was founded in 2004 by Dr Sujit Dey, a professor at the University of California, who now holds the position of chief technologist.
Its products include Internet Video Optimisation Gateway (iVOG), which is intended as a user-friendly piece of software designed to make networks more efficient and improve bandwidth consumption.
Allot was formed by Michael Shurman and Yigal Jacoby in 1996 after Jacoby’s former company Armon Networking was acquired by Bay Networks.
Jacoby served as chief executive of Allot until his retirement in 2006.
The business is based in Hod-Hasharon, and listed on Nasdaq in November 2006.
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