Tuesday, May 26, 2015

HP Acquires ConteXtream for [Estimated] Tens of Millions $

A post by Saar Gillai [pictured], SVP and General Manager, Communications Solutions Business, HP announces that "HP has signed a definitive agreement to acquire ConteXtream, a provider of OpenDaylight-based, carrier-grade SDN fabrics for NFV, and a current HP OpenNFV partner.

Headquartered in Mountain View, CA, ConteXtream offers solutions that allow service providers to create a more flexible and programmable network through an SDN/NFV model. ConteXtream’s open SDN controller platform complements HP’s NFV expertise and telecommunications and IT experience.

After the transaction closes, ConteXtream will become part of HP’s Communications Solutions Business. ConteXtream’s current CEO, Chairman, and co-founder Nachman Shelef will continue to lead the ConteXtream business within HP and will report to me".

ConteXtream was founded and is based in Israel. The local press estimates the acquisition price in the Tens of Millions of USD. Comcast and Verizon are among the investors, along a number of VCs. 

Related posts:
  • Orange Teams w/ConteXtream to Introduce NFV-Based Subscriber-Aware Services - here
  • ConteXtream Adds OpenDaylight-based, Carrier-Grade SDN Fabric for NFV - here 
  • Largest SDN Network Deployed by US Tier1 MNO w/ConteXtream (T-Mobile?) - here
  • Telenor Manages OTT Video Traffic With: ALU, Opera/SkyFire, ConteXtream and Velocix  - here
  • ConteXtream Secured $14M - Investors Include Comcast and Verizon - here

See "HP to acquire ConteXtream to accelerate NFV adoption" - here.

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