Riverbed Collaborates with Amazon Web Services on Cloud Data Protection
November 27, 2012
Riverbed (News - Alert) Technology recently announced its collaboration with Amazon Web Services (AWS) to deliver cloud performance and data protection solutions to enterprise customers.
According to the terms of the agreement, Riverbed’s (WAN) optimization solution, combined with the elasticity and subscription pricing model of AWS, will allow the companies to install and scale within Amazon Elastic Compute Cloud (EC2) and Amazon Virtual Private Cloud (VPC) environments.
AWS provides a reliable, scalable, low-cost infrastructure platform in the cloud that powers hundreds of thousands of businesses in 190 countries around the world.
With data center locations in the U.S., Europe, Brazil, Singapore, Japan and Australia, customers across all industries are taking advantage of the following benefits such as low cost, agility and instant elasticity.
"The Riverbed performance solutions are addressing enterprise customer needs as they embark on public cloud deployments in Amazon EC2 and S3. Our solutions enable enterprises that have deployed applications in the public cloud to provide a consistent user experience and increase the recoverability of their data, while reducing costs of IT infrastructure," said Venugopal Pai, vice president of Global Alliances and Business Development.
"ESG research indicates that both enterprise and mid-market organizations are increasing their use of public clouds like Amazon EC2 and S3,” said Bob Laliberte, senior analyst, Enterprise Strategy Group (News - Alert). “But to ensure these cloud services meet or exceed SLAs, organizations will require technologies to address core performance challenges associated with distance and latency. Partnerships like the one between Amazon and Riverbed serve as an example of how organizations can mitigate the risk from these challenges and enable fast, reliable, secure, and simple access to the public cloud."
In related news, Riverbed Technology recently announced that, in accordance with NASDAQ Marketplace Rule 4350 (i)(1)(A)(iv), it has granted inducement stock options covering an aggregate of 70,500 shares of common stock to 14 non-officer employees. Each option has been classified as a non-qualified stock option, has an exercise price equal to the fair market value on the grant date, and has a seven-year term.
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Edited by Braden Becker