Verivue has completed the acquisition of CoBlitz, a provider of Content Delivery Network (CDN) infrastructure solutions for wireline and wireless service providers. The addition of CoBlitz products further extends Verivue’s portfolio of content delivery solutions, providing operators with a broad range of choices for both managed video networks and "Over-The-Top" (OTT) video services.
CDN technology reduces network traffic load by replicating popular content onto strategically placed edge servers. User requests for content can then be redirected and delivered from the closest edge server, freeing up backbone capacity, ensuring consistent high performance delivery and lowering network costs. The acquisition of CoBlitz brings Verivue a turnkey CDN infrastructure solution for service providers seeking to deploy their own management, control and delivery capabilities in support of rich media initiatives.
The CoBlitz management team has agreed to join Verivue and will assume leadership roles within the combined company.