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Packeteer Makes Strategic Acquisition |
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Tuesday, 16 May 2006 |
Packeteer Makes Strategic Acquisition
 (NAMC) - One of the global market leaders in WAN Optimization and Application Traffic Management for wide area networks, Packeteer (NASDAQ: PKTR) has completed the acquisition of Tacit Networks, a technology leader providing complete branch office infrastructure solutions for organizations pursuing server, storage and resource consolidation to meet cost, security and regulatory compliance objectives. This acquisition should position Packeteer as a leading supplier in the large and fast growing market segment for "branch office box" solutions that deliver network services, network data reduction and file and bulk data caching for an estimated four million branch offices worldwide.
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