Celestix Networks Acquires Bluewave Networks and Announces Formation of Celestix India Pvt. Ltd.Security Appliance Security appliances protect computer networks from unwanted data traffic, intruders, email spam, enforce policies, and may also be used to create and manage VPNs. There are a number of types of security appliances. Manufacturer Opens New Sales and R&D Center in India SINGAPORE -- Celestix Networks, developer of enterprise class security appliances, today announced a definitive agreement to acquire privately-held Bluewave Networks, Inc., of San Jose, California San Jose (IPA: /ˌsænhoʊˈzeɪ/) is the third-largest city in California, and the tenth-largest in the United States. It is the county seat of Santa Clara County. . Bluewave Networks has offices in the US and a software development center in Chennai, India. Terms of the acquisition were not disclosed. Founded in 2001 by two Silicon Valley entrepreneurs, Guna Ramireddy and Kumar Sripadam, Bluewave Networks develops infrastructure security analytics and network monitoring The term network monitoring describes the use of a system that constantly monitors a computer network for slow or failing systems and that notifies the network administrator in case of outages via email, pager or other alarms. software. Ramireddy was appointed the Managing Director of Celestix Networks India. A veteran of the computer networking
Computer networking is the engineering discipline concerned with communication between computer systems or devices. industry, Ramireddy has worked for over 15 years with leading telecommunications companies including Cisco Systems “Cisco” redirects here. For other uses, see Cisco (disambiguation). Cisco System,Inc. (NASDAQ: CSCO, HKSE: 4333 ) is an American multinational corporation with 54,000 employees and annual revenue of US $28.48 billion as of 2006. , Fore Systems See Marconi. and Redback Networks Redback Networks is a telecommunications equipment company. History Redback Networks was founded in August, 1996. Redback is an ERICSSON subsidiary since the beginning of 2007 (was previously traded on NASDAQ under the symbol RBAK). . "We are very excited about this strategic acquisition and felt that Bluewave had a solid portfolio of products," said Ravi Lingarkar, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Celestix Networks. "Perhaps more importantly, we were impressed with the talented engineering team and the potential to adapt the Bluewave products to address the security market." "We always felt this acquisition was a natural fit from a product synergy standpoint. Both organizations are technically diverse and compliment each other well," stated Guna Ramireddy, CEO of Bluewave Networks. "The acquisition also gives us immediate access to Celestix's worldwide sales and distribution channels in more than 30 countries." Bluewave Networks has developed a comprehensive suite of end-to-end infrastructure analytics products, including Web Application Analytics and Network Analytics software. Web Application Analytics provides business process monitoring, service availability and performance monitoring of real users, real user tracking, automated root cause analysis and reporting functions to various sections of IT Operations team. Network Analytics allows IT staff to do real-time monitoring and analysis of BGP/OSPF routed networks, network traffic flows, detect routing and traffic anomalies and visualize routed network topologies from any number of heterogeneous devices. "As the demand for Celestix products increases, we really felt we needed a targeted presence in the fast-growing Indian market," noted Yong Thye Lin, President of Celestix Networks. "The Bluewave acquisition will accelerate that growth and strengthen our leadership in the security appliance space." With the acquisition, Celestix will continue to increase the number of channel products available through its channel. An integrated appliance version of the Bluewave Networks Web Application Analytics product is currently slated for Q2 2007 release. About Celestix Networks Celestix delivers thousands of security appliances to both mid-market organizations and enterprises annually. Founded in 1999, Celestix Networks features offices in Singapore and Fremont, California For the unincorporated community in Yolo County, California, see . Fremont (IPA: /ˈfriːmɒnt/) is a city in California that was incorporated on January 23, 1956, from the merger of five smaller communities: . In addition, Celestix has significant presences in Japan, the United Kingdom and throughout the United States to supplement its channel business. To date, Celestix has enlisted over 430 channel partners worldwide to help serve its end customers. Other product and service names mentioned herein may be the trademarks of their respective owners. |
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