Thursday, July 26, 2012
Citrix added some more details about its Bytemobile acquisition (here) during its 2nd quarter results conference, from which one may estimate the mobile optimization market size, as Bytemobile is considered to be the market leader.
While the acquisition price was already announced ("cash consideration of approximately $435 million"), Citrix explains that "This acquisition gives Citrix a strategic foothold in the core infrastructure of more than 130 mobile operators in 60 countries around the world, extending the company’s market reach and enhancing the broader Citrix strategy of powering mobile workstyles and cloud services .. Citrix and Bytemobile will be able to offer these operators combined solutions that deliver a high quality user experience to mobile subscribers, while helping operators manage the exponential growth of mobile network traffic with the best performance, visibility and efficiency. The acquisition builds on a strategic partnership announced earlier this year [here] that combined the Bytemobile Smart Capacity™ technology with the Citrix NetScaler® line of cloud networking solutions". See "Citrix Reports Second Quarter Financial Results"- here.