Tata Comm completes acquisition of BitGravity

MUMBAI, INDIA: Tata Communications, a provider of communications services, today announced the completion of its acquisition of BitGravity, content delivery network (CDN) firm.

BitGravity will join Tata Communications Ltd. and will integrate as a Tata Communications operating business subsidiary, said a press release.

Perry Wu, CEO and co-founder of BitGravity will continue to lead the existing team. They will operate from San Francisco in conjunction with Tata Communications’ global CDN team.

The acquisition, initially announced on 11 January 2011, complements Tata Communications’ global media and enterprise strategy. It will add enhanced CDN and streaming capabilities to its growing line-up of value-added hosting, storage, and security services, all of which leverage Tata Communications’ global IP network, the release added.

The addition of BitGravity’s product portfolio and its employee skill set will accelerate the delivery of new features and services to Tata Communications’ customers.

“With this acquisition, we are able to combine our global infrastructure with BitGravity’s CDN technology and infrastructure to create a larger global footprint and a more efficient cost base. This will provide enhanced content delivery services that further address the needs of media and enterprise businesses” said Genius Wong, senior vice president, Global Network Services, Tata Communications.

“There are a number of strong synergies between Tata Communications and BitGravity. As a single entity, we can utilize the best network path within Tata Communications’ Global IP network, allowing the organization to further differentiate itself in a noisy, global marketplace,” says Perry Wu, CEO and co-founder of BitGravity.

The company also made a strategic investment of $11.5 million in BitGravity, enabling Tata Communications to enter the market with its own global CDN in 2008.

The alliance resulted in successful traction with high profile media, content and gaming companies in Europe, Asia and India such as NDTV, Web18, Quick Heal Technologies and Nimbus Communications.

The decision to wholly purchase BitGravity was a logical next step to further enhance Tata Communications’ global CDN offering, the release added.