Deals

Seeking new markets, oldster Citrix snaps up mobile startup Bytemobile

citrix bytemobile

Citrix, an aging giant by Silicon Valley standards, has just whisked away Bytemobile, a 12-year-old company that promises mobile networks better delivery of video and other high-bandwidth content, even over congested networks.

The terms of the deal were not disclosed; however, Citrix’s profits for 2011 were in excess of $2 billion, so the company definitely has some cash to throw around. The acquisition is expected to close in the third quarter of 2012.

Citrix, which is in the dead sexy and totally comprehensible enterprise/cloud space (/sarcasm), sees the acquisition as a quick path into a new market.

“The cloud and mobile revolutions are rapidly converging, and mobile operators are at the heart of this convergence,” said Citrix VP Klaus Oestermann in a statement today.

With the integration of Bytemobile technology, products, and intellectual capital, Citrix will be uniquely positioned to be a leader in the global mobile data and video infrastructure market in the LTE era.”

In other words, Citrix was feeling a bit left out of the mobile space, and with BYOD taking over the enterprise, it needed to catch up fast. And acquiring a small, cheap startup wouldn’t do; a more established, mature startup would fit the bill much better.

Bytemobile claims more than 130 mobile network operators in over 60 countries, with a client list that includes AT&T, China Mobile, China Telecom, Cricket Communications, Deutsche Telekom, MetroPCS, Orange, and Vodafone, to name but a few. All told, Bytemobile’s technology touches more than 2 billion mobile subscribers. These relationships and infrastructure provide Citrix a speedy onramp, indeed.

The combined powers of Bytemobile and Citrix spell the advent of all-in-one offerings for the aforementioned mobile networks, ostensibly leading to more growth capacity for providers and a better experience for end users.

Image courtesy of Monkey Business Images, Shutterstock