Bytemobile
Owners:
Citrix Systems
The Citrix company announced in May, 2012 acquisition of Bytemobile company which provides solutions for optimization of mobile traffic.
Financial terms of transaction do not reveal, TechCrunch reports. This acquisition was already approved by Boards of Directors of both companies. The deal should be closed in the third quarter the current year.
According to representatives of Citrix, acquisition of Bytemobile will allow the company to propose to mobile operators solutions for management of constantly growing flow of network traffic, having also provided them tools for effective traffic measurement and analytics.
After completion of the transaction the staff of Bytemobile will be included into new division of Citrix under the name Service Provider Platforms.
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