Headquartered in San Francisco, with offices in 37 countries, Riverbed Technology purchased the German company Ocedo, with offices in Romania and Singapore. Ocedo provides network technology as a managed service via cloud infrastructure.
With this acquisition, Riverbed Technology, that develops products for WAN optimization (a series of techniques for improving the performance of applications across wide-area networks, WAN, such as the Internet) hopes to offer a unique Software-Defined WAN (SD-WAN) service that will combine Riverbed’s IT infrastructure with Ocedo’s software products.
The advantages of SD-WAN solutions consist in streamlining the WAN implementation and network management processes through automation.
For the Romanian part of the transaction, Riverbed was represented by bpv Grigorescu Ștefănică. The team of lawyers was led by Anca Grigorescu, Partner bpv Grigorescu Ștefănică, and formed by Cristina Randjak (Managing Associate), Nicolae Ursu (Managing Associate), and Alina Melcescu (Senior Associate).
by Mihaela Constantin