23 Jul Adaptiv Networks snaps up SD-WAN vendor ELFIQ Networks
Adaptiv Network has broadened its SD-WAN portfolio by buying SD-WAN vendor ELFIQ Networks from Martello Technologies Group. Financial terms of the deal, which was announced on Wednesday, weren’t available.
Adaptiv Networks bills itself as a cloud-native, SD-WAN-as-a-service vendor. As part of its international expansion, ELFIQ Networks’ SD-WAN and link balancing solutions are now available to Adaptiv’s channel partners. ELFIQ, which was founded in 2002, targets mid-size enterprises.
The ELFIQ Networks’ link balancing and SD-WAN solutions offer flexibility and improved performance for enterprises that need access to digital services at speeds up to 20 Gbps. Combining the “as-a-service” model with the flexibility and robustness of ELFIQ’s Layer 2 network edge solution complements Adaptiv’s cloud-native SD-WAN, according to Adaptiv.
Fierce AI Week
How Fierce are you about applying AI to your business?
The editorial teams behind Fierce Life Sciences, Fierce Healthcare, Fierce Telecom and Fierce Electronics bring you Fierce AI Week, August 10-12. This is the only virtual event focused on the application of AI to drive business, customer and process value through a discuss, debate and define format. #FierceAI #BeFierce #FierceAIWeek
With the addition of ELFIQ, Adaptiv has more than 60 partners internationally, including system integrators, distributors, managed service providers, and communications service providers.
“We are delighted to add ELFIQ Networks’ advanced networking solutions to our portfolio and to welcome their experts to the Adaptiv team,” said Bernard Breton, Adaptiv Networks CEO, in a statement. “By combining ELFIQ Networks and Adaptiv Networks teams, we will be able to better serve our joint customers and partners globally with no interruption during the integration period.”
RELATED: HPE snags SD-WAN vendor Silver Peak for $925 million
As organizations move from early “do-it-yourself” SD-WAN deployments to managed SD-WAN services, the SD-WAN sector has seen some consolidation this year with HPE buying Silver Peak earlier this month for $925 million while Palo Alto Networks announced in April it was paying $420 million for startup CloudGenix.
Read more on