Press release from PR Newswire
NTT Communications Completes Acquisition of Virtela
Friday, January 10, 2014
NTT Communications Completes Acquisition of Virtela07:00 EST Friday, January 10, 2014
Leading Cloud-Based Network Services Provider Becomes Wholly-Owned Subsidiary, Committed to Transforming Enterprise WAN Architecture
TOKYO and DENVER, Jan. 10, 2014 /PRNewswire/ -- NTT Communications Corporation (NTT Com), the ICT solutions and international communications business within NTT (NYSE: NTT), and Virtela Technology Services Incorporated (Virtela), a leading global managed and cloud-based network services company, announced today that NTT Com's acquisition of Virtela has been completed.
The acquisition creates a single provider with sophisticated platforms and global network services capable of fulfilling not only current enterprise connectivity needs, but also emerging requirements for hybrid MPLS and Internet networks to establish more flexible, secure and high-speed access to cloud services. Service and operational integration will be completed this year, while customers will continue to enjoy NTT Com's service quality and Virtela's award-winning customer support, without any service migration or changes.
"Customers of both companies will benefit from the resulting, enhanced portfolio," said Akira Arima, CEO of NTT Com. "Leveraging advanced virtualization technologies, such as Network Functions Virtualization (NFV), features such as firewall, WAN acceleration and SSL remote access will be delivered from network cloud. Furthermore, these features are automated for on-demand activation and configuration, helping enterprises save capital and operating expenses. These features are planned to be available to NTT Com customers starting Q2 2014."
"Many of our customers and partners request total ICT solutions. Leveraging NTT Com's broad service portfolio together with Virtela's asset-light networking, we will now be able to offer more choices and a single source for all their cloud computing, data networking, security and voice service requirements," said Virtela President Ron Haigh. "Together, our advanced global infrastructure enables rapid innovation and value for more customers around the world while strengthening our leadership in cloud-based networking services."
Virtela Founder Vab Goel will be chairman of Virtela's board. "Together, the NTT Com and Virtela team is looking forward to transforming the networking market on a global basis," said Goel. "Leveraging a shared cloud vision and passion for innovation and customer support will accelerate creation of more advanced services that eliminate the complexity and expense of traditional enterprise network approaches."
About NTT Communications Corporation
NTT Communications provides consultancy, architecture, security and cloud services to optimize the information and communications technology (ICT) environments of enterprises. These offerings are backed by the company's worldwide infrastructure, including IPv4/IPv6 Global Tier-1 IP Network, Arcstar Universal One? VPN network reaching more than 190 countries/regions, and over 150 secure data centers. NTT Communications' solutions leverage the global resources of NTT Group companies including Dimension Data, NTT DOCOMO and NTT DATA.
Further information: www.ntt.com | www.twitter.com/nttcom | www.facebook.com/nttcomtv
Virtela Technology Services Incorporated, recognized by more than 100 awards for outstanding service innovation, is the smart alternative for enterprise networking and virtualized IT services. The company delivers services via its Virtualized Overlay Network and Virtela Enterprise Services Cloud (ESC) platform, which enables the transition of branch office networking and security services to the cloud. Virtela gives enterprises the benefit of "asset-light" software-defined networking that delivers up to 80% cost savings in upfront capital and 30% savings in ongoing operating expenses.
Virtela's services suite includes global managed network, security, mobility, application acceleration and IT infrastructure services.
Virtela is headquartered in Denver, Colorado, with global support centers. For more information, please call +1 (720) 475-4000 or visit www.virtela.net.
SOURCE Virtela Technology Services Incorporated; NTT Communications Corporation
For further information: (Ms.) Akiko Kudo, (Mr.) Kota Yamashita, Public Relations Department, NTT Communications Corporation, Tel. +81-3-6700-4010, firstname.lastname@example.org; Jane Morrissey, Corporate Communications, Virtela Technology Services Incorporated, Tel. +1-720-475-4012, email@example.com