US based cloud, networking and virtualisation technologies provider, Citrix has signed a definitive agreement to acquire Bytemobile, a data and video optimisation applications provider for mobile network operators for undisclosed sum.
Citrix said the acquisition will give it a strategic foothold in the core infrastructure of more than 130 mobile operators in 60 countries, extending the company’s market reach and enhancing its mobile workstyles and cloud services.
The company said said Bytemobile’s acquisition will help Citrix expand its market reach into the growing mobile telecommunications space.
Citrix group vice president and general manager of cloud networking Klaus Oestermann said, "With the integration of Bytemobile technology, products and intellectual capital, Citrix will be uniquely positioned to be a leader in the global mobile data and video infrastructure market in the LTE era."
The acquisition builds on a strategic partnership between the two companies to deliver the Bytemobile T1100 Traffic Director announced earlier this year that combined the Bytemobile Smart Capacity technology with the Citrix NetScaler line of cloud networking applications.
Following the acquisition, Bytemobile will form a new Service Provider Platforms team as part of the Citrix Cloud Networking product group. Bytemobile will continue as an independent product group within the Citrix cloud networking group.
Citrix plans to build on Bytemobile as the centre of its go-to-market strategy for mobile network operators.
The acquisition is expected to close during the third quarter of 2012 following regulatory approval.
