Showing posts with label Mobixell. Show all posts

[Calcalist]: Flash Networks Fires 25 Employees


Asaf Gilad reports to Calcalist [here, Hebrew] that "Following the acquisition of Mobixell [for $15M, see "No Longer a Rumor: Flash Networks Acquires Mobixell" - here], Flash Networks initiated a process of letting 25 of its Israeli employees go.. the employees are from both companies and all ranks .. in order to reduce redundancies. Flash Networks has 200 employees in Israel and another 100 

No Longer a Rumor: Flash Networks Acquires Mobixell




Liam Glin, CEO,
Flash Networks

I reported yesterday on the expected acquisition of Mobixell by Flash Networks (here) for $15M and today it is official.

"This synergistic union will enable Flash Networks to meet the growing demand for data optimization, acceleration, and monetization services following the explosive growth of new consumer devices, rich multimedia content, and high speed 3G,

[Rumors]: Flash Networks to buy Mobixell


Further consolidation is expected this week in the video optimization market.

According to sources familiar with the space, Flash Networks is going to buy Mobixell for $15M in cash.

A recent report by {Core Analysis}, on the video optimization market found that "Mobixell Networks remains number 2 in deployments with 23%" (see "Video Optimization Market Reaffirms its Maturity; Citrix ByteMobile