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Technology Stocks : Allot Communications Ltd (ALLT)
ALLT 14.30-0.1%Mar 5 4:00 PM EST

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From: JakeStraw5/1/2012 9:22:30 AM
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Allot Communications to Acquire Ortiva Wireless
finance.yahoo.com

Provides Allot with innovative video optimization service offering

Ortiva's solution allows service providers to dramatically improve the quality and efficiency of rich media content delivery by optimizing for real-time network conditions and for each mobile connection. This unique dual optimization capability enables the highest quality of experience for video consumers especially in fluctuating and constrained network conditions. Ortiva's solution has been deployed at two Tier 1 mobile service providers to date.

"This acquisition is an important building block in our Service Gateway vision," commented Rami Hadar, Allot's President and CEO. "Since the introduction of Allot Service Gateway in 2007, our goal has been to leverage our unique technology to enable the broadest range of cost-saving and revenue-generating services on a single intelligent network services platform. By purchasing Ortiva, we will own an innovative video optimization solution, one of the major value-adds that our customers are seeking today. As video becomes an ever-increasing challenge for mobile networks, this acquisition will allow Allot to offer a robust and tightly integrated video optimization service within Allot Service Gateway. We look forward to welcoming Ortiva's talented team into our company."
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