ADVA Optical Networking Makes Strategic Investment in Saguna Networks
November 20 2012 - 2:13AM
Marketwired
ADVA Optical Networking SE / ADVA Optical Networking Makes
Strategic Investment in Saguna Networks. Processed and transmitted
by Thomson Reuters ONE. The issuer is solely responsible for the
content of this announcement.
USD 1 Million Investment Underlines Growing Demand for Content
Caching in Mobile Backhaul Networks
ADVA Optical Networking today announced that it has made a
strategic investment in Saguna Networks and its Content
Optimization Delivery Systems (CODS) technology. Saguna Networks'
approach to optimizing content delivery in mobile backhaul
infrastructures focuses upon transporting content directly from the
mobile network base station straight to subscribers. This approach
is unique within the mobile industry and enables operators to
significantly improve resource utilization, enhance user Quality of
Experience (QoE) and drive greater profitability by monetization of
content.
"Mobile networks are evolving at a phenomenal pace, one that
demands mobile providers keep pushing the boundaries of what's
possible," said Brian Protiva, chief executive officer of ADVA
Optical Networking. "Based on the strong working relationship we've
developed with Saguna Networks, our USD 1 million investment
clearly highlights our belief in its technology and in our shared
vision for mobile networks. People want mobile content wherever
they are and whenever they need it. To achieve this, cell site
caching and mobile optimization are critical. This not only
guarantees a greater user experience but also enables mobile
operators to harness their existing infrastructures and drive
profitability. That's why we're combining our technologies to build
a totally unique solution."
Saguna Network'sCODS works by loading the integrated cache
servers in the cell site gateway or network interface device with
popular content. Since this content is already on the radio access
network, the system saves time, bandwidth and money by enabling
mobile operators to disperse traffic efficiently and ensuring
mobile users access the data from the base station cache servers
instead of directing them to the main cache servers in the mobile
core. This translates into better user QoE, saves operators from
the need to expand capacity by reducing popular content delivery
traffic and reduces costs by as much as 70%, while enabling
monetization by managed content revenues.
"ADVA Optical Networking's investment in our company and our
technology clearly indicates a shared vision for the development of
mobile networks," commented Lior Fite, chief executive officer of
Saguna Networks. "The fierce growth in mobile data demands new
solutions, new ways of both addressing users' expectations and
operators' needs to grow revenue. Our CODS technology brings cloud
and over the top services directly into the mobile base station and
this new partnership with ADVA Optical Networking creates a
carrier-grade platform that delivers the right services exactly
where they're needed - close to the mobile user."
With this investment, on a fully diluted basis, ADVA Optical
Networking acquired a 10% stake in Saguna Networks, with the
investment being accounted for by the equity method in ADVA Optical
Networking's consolidated IFRS financial statements.
# # #
About ADVA Optical Networking
ADVA Optical Networking is a global provider of intelligent
telecommunications infrastructure solutions. With
software-automated Optical+Ethernet transmission technology, the
Company builds the foundation for high-speed, next-generation
networks. The Company's FSP product family adds scalability and
intelligence to customers' networks while removing complexity and
cost. With a flexible and fast-moving organization, ADVA Optical
Networking forges close partnerships with its customers to meet the
growing demand for data, storage, voice and video services. Thanks
to reliable performance for more than 15 years, the Company has
become a trusted partner for more than 250 carriers and 10,000
enterprises across the globe. For more information, please visit us
at www.advaoptical.com.
About Saguna Networks
Saguna Networks is an innovative provider of Radio Access
Network (RAN) application acceleration and mobile content delivery
on HSPA and LTE networks. Saguna Networks' Content Optimization
Delivery System is a patented application acceleration and caching
solution for mobile RAN. Saguna CODS™ is a proven solution to
reduce data loads over the mobile backhaul by up to 70% and improve
the Radio Interface efficiency by 20% to 30%. Saguna CODS
substantially improve mobile network operator economics, while
creating new level of service delivery and user experience in a
transparent way. For more information, please visit
www.saguna.net.
Published By:
ADVA Optical Networking SE, Martinsried/Munich and Meiningen,
Germany
www.advaoptical.com
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Source: ADVA Optical Networking SE via Thomson Reuters ONE
[HUG#1658364]
For Press: Gareth Spence t +44 1904 699 358
public-relations(at)advaoptical.com For Investors: Wolfgang
Guessgen t +49 89 89 0665 940
investor-relations(at)advaoptical.com
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