Allot Communications Completes Acquisition of Oversi Networks
Allot Communications Ltd. (NASDAQ: ALLT), a leading global provider of service optimization and revenue generation solutions for fixed and mobile data networks, today announced it has completed its acquisition of Oversi Networks. Oversi is a global provider of rich-media caching and content delivery solutions for Internet video and peer-to-peer (P2P) traffic. The agreement was announced on July 31, 2012.
The Oversi Networks acquisition further enhances Allot's vision to integrate the widest range of critical value-added services in its industry-leading Allot Service Gateway. Allot now enables operators to implement comprehensive video strategies by integrating caching with a portfolio of video services including video optimization, analytics and tight integration with both policy and charging. The Allot Service Gateway enables wireless and wireline service providers worldwide to quickly and efficiently drive new revenue sources and to effectively manage the ever-increasing volume of video traffic on their networks.
Oversi's innovative caching and acceleration solutions help both fixed and mobile service providers to relieve the heavy network congestion associated with Internet video traffic. Its technology identifies popular content and caches it at