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Riverbed Joins OpenStack CommunityOptimization Pioneer to Collaborate in the Development of Open Source Standards-Based Solutions for the Cloud (October 31, 2011)
SAN FRANCISCO, CA -- (Marketwire) -- 10/31/11 -- Riverbed Technology (NASDAQ: RVBD), the IT performance company, today announced it has joined the OpenStack community, a global community of developers collaborating on cloud architecture and an open source cloud operating system. As organizations move their data and applications to the cloud, connectivity over the wide area network (WAN) increasingly poses a challenge to the performance of the applications. As a member of OpenStack, Riverbed® is working to add OpenStack support to its WAN optimization solutions to enable successful cloud environments.
Collaboration with the OpenStack community with Riverbed WAN optimization solutions is an expansion of the company's prior collaboration with the OpenStack community relating to its virtual application delivery controller (vADC). Riverbed WAN optimization solutions and vADCs give organizations a technology solution for enabling IT performance in public, private and hybrid cloud environments.
"We believe that it is best to join with leaders from across the IT industry to collaborate on open source technologies that benefit the community and cloud computing. Taking this approach will help cloud computing grow to meet the challenges of tomorrow's applications," said Mark Collier, vice president of Rackspace Cloud Builders.
More than 16,000 organizations worldwide depend on Riverbed to understand, optimize and consolidate their IT infrastructure, through solutions that overcome performance issues caused by distance, distributed computing, and ever increasing amounts of data. As IT organizations embark on strategic initiatives to virtualize, consolidate and migrate workloads into cloud environments, users move farther from their data, and slow applications, file transfers and inefficient websites negatively impact the performance of these initiatives. Riverbed transforms IT performance by providing solutions spanning WAN optimization, application-aware network performance management (NPM), application delivery, web content optimization (WCO), and cloud data protection for backup, archive and disaster recovery. By providing the broadest portfolio of performance solutions that deliver anywhere, any application optimization, Riverbed enables organizations to increase productivity and efficiency, while enhancing business resilience and controlling costs.
"Today's applications in the cloud are expected to consistently deliver an excellent user experience, regardless of connectivity and location. Riverbed works closely with its customer base to develop solutions that address performance challenges as more organizations move to cloud environments," said Venugopal Pai, vice president of global alliances at Riverbed. "As a member of OpenStack, Riverbed will help with the design, specification and development of this open source cloud stack to deliver integrations of cloud optimization technologies for the needs of tomorrow's applications. Joining OpenStack strengthens Riverbed's commitment to global organizations that strive to deliver applications in public, private and hybrid cloud environments without compromising performance."
Forward Looking Statements
This press release contains forward-looking statements, including statements relating to the expected demand for Riverbed's products and services, statements relating to the expected growth of the cloud market, and statements relating to Riverbed's ability to meet the needs of distributed organizations. These forward-looking statements involve risks and uncertainties, as well as assumptions that, if they do not fully materialize or prove incorrect, could cause our results to differ materially from those expressed or implied by such forward-looking statements. The risks and uncertainties that could cause our results to differ materially from those expressed or implied by such forward-looking statements include our ability to react to trends and challenges in our business and the markets in which we operate; our ability to anticipate market needs or develop new or enhanced products to meet those needs; the adoption rate of our products; our ability to establish and maintain successful relationships with our distribution partners; our ability to compete in our industry; fluctuations in demand, sales cycles and prices for our products and services; shortages or price fluctuations in our supply chain; our ability to protect our intellectual property rights; general political, economic and market conditions and events; and other risks and uncertainties described more fully in our documents filed with or furnished to the Securities and Exchange Commission. More information about these and other risks that may impact Riverbed's business are set forth in our Form 10-Q filed with the SEC on October 28, 2011. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we assume no obligation to update these forward-looking statements. Any future product, feature or related specification that may be referenced in this release are for information purposes only and are not commitments to deliver any technology or enhancement. Riverbed reserves the right to modify future product plans at any time.
Riverbed delivers performance for the globally connected enterprise. With Riverbed, enterprises can successfully and intelligently implement strategic initiatives such as virtualization, consolidation, cloud computing, and disaster recovery without fear of compromising performance. By giving enterprises the platform they need to understand, optimize and consolidate their IT, Riverbed helps enterprises to build a fast, fluid and dynamic IT architecture that aligns with the business needs of the organization. Additional information about Riverbed (NASDAQ: RVBD) is available at www.riverbed.com.
Riverbed and any Riverbed product or service name or logo used herein are trademarks of Riverbed Technology, Inc. All other trademarks used herein belong to their respective owners.
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