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Juniper Snaps Up Ankeena in Media Play

As the Internet becomes an increasingly important conduit for transporting video content, networking firms are stepping up their game to optimize the delivery of media across the spectrum of devices and networking environments.

That was certainly the push behind Juniper's acquisition of Ankeena, a relatively small firm specializing in the development of media-streaming technology.

Enterprise Networking Planet reports on what Juniper hopes to get out of the purchase of Ankeena.

Networking vendor Juniper is acquiring its former partner Ankeena in a deal that aims to expand its media delivery capabilities -- and meeting growing demand for such technologies in the enterprise and consumer spheres.

Financial terms of the deal are not being disclosed though Juniper (NYSE: JNPR) noted the deal is worth less than $100 million.

Privately held Ankeena develops media-streaming technologies that enable optimized delivery across different network and device environments. Earlier this year, Juniper named Ankeena as a key partner in its Project Falcon wireless system delivery development. The move will bring additional capabilities in-house to Juniper as it ramps up competition against rivals like Cisco, who have similar media streaming efforts in play.

Read the full story at Enterprise Networking Planet:
Juniper Acquires Ankeena for Media Delivery