Tata Communications acquires BitGravity
Tata Communications announced the completion of its acquisition of BitGravity. BitGravity will join Tata Communications and will integrate as a Tata Communications operating business subsidiary. Perry Wu will continue to lead the existing team, who will remain after the acquisition. They will operate from San Francisco in conjunction with Tata Communications’ global CDN team.
“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,” says Genius Wong, Senior Vice President, Global Network Services, Tata Communications.
In 2008, Tata Communications entered into a strategic alliance with BitGravity that included the licensing of BitGravity’s CDN technology and the federation of BitGravity’s and Tata Communications’ delivery networks. The company also made an investment of $11.5 million in BitGravity, enabling Tata Communications to enter the market with its own global CDN in 2008.
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