Teridion Team (Facebook)
Deutsche Telekom, the major German telecommunications firm, has invested $25 million in Israeli software company Teridion. Teridion is best known for WAN networks that the company has already been providing to Deutsche Telekom.
WAN stands for Wide Area Network and as the name suggests this is something needed more by larger organizations. This is as opposed to a local area connection, like what people have in their homes. A WAN is a computer network spanning regions, countries, and the entire world.
Back in January of 2022 Teridion already began a partnership with Deutsche Telekom in which Teridion’s multi-cloud based WAN as a Service solution was added to the tier-1 Telekom’s backbone as part of their efforts to offer Internet service that matches the changing Enterprise needs.
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Founded in 2014, Teridion provides an enterprise WAN service built on the public cloud. Just like you have come to expect from cloud computing, Teridion’s public cloud WAN service provides lightning-fast setup, global coverage, unbounded bandwidth and horizontal scale. The Teridion network is powered by Teridion Curated Routing, which fuses proven WAN acceleration techniques with metrics-driven route optimization.
“Teridion is proud of the continued trust and growing partnership with Telekom. Our joint offer will offer an optimal solution in the field of corporate networks. Our unique Liquid Routing technology takes enterprise connectivity to a new level. Our solution complements the capabilities of CSPs in this area by providing cloud-based solutions, acting as a backbone and guaranteeing superior performance. We are pleased that Telekom is our partner on this journey and we are convinced that our combined skills will offer Telekom #customers a new customer experience,” says Yaron Ravkaie, CEO of Teridion.
“Our investment in Teridion is an important step from two perspectives: investing in this startup is economically attractive,” said Srini Gopalan, Board member for Germany, and Managing Director, Telekom Deutschland GmbH. “We are convinced that Teridion will grow to be a leader in the cloud-based connectivity business. In addition, with Teridion’s product portfolio, we offer our customers the best connectivity currently available via the cloud. Business customers want to focus on their business and rely on optimal connectivity. They want it to be secure, agile, flexible and globally available – our partner’s portfolio delivers all of this.”
Deutsche Telekom is one of the world’s leading integrated telecommunications companies, with some 248 million mobile customers, 26 million fixed-network lines, and 22 million broadband lines.
They provide fixed-network/broadband, mobile communications, Internet, and IPTV products and services for consumers, and information and communication technology (ICT) solutions for business and corporate customers.
Deutsche Telekom is present in more than 50 countries.
