@VMware, building on the strength of its #NSX network virtualization technology, is buying @VeloCloud Networks as it extends its ongoing networking competition with @Cisco Systems into the fast-growing #softwaredefined #SDWAN market. VMware officials announced the deal Nov. 2, saying it will enable the company to build out its network virtualization portfolio and add branch networking to give it a more complete presence from core data centers to the network edge and out to the cloud. No financial details were released. The deal is expected to close within the next few months. Software-defined WAN (SD-WAN) is the fastest growing segment of the larger network virtualization space, which also includes such technologies as software-defined networking (SDN) and network-functions virtualization (NFV)
http://www.eweek.com/networking/vmware-to-enter-sd-wan-market-with-velocloud-buy
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