Tata Communications acquires BitGravity

Tata Communications will acquire BitGravity, a content delivery network (CDN) to provide innovative video services. BitGravity's network and products will accelerate the delivery of media assets to end-users and enables scalable, real-time video communications over the Internet. After the final transaction BitGravity, Inc., will operate as a wholly-owned subsidiary of Tata Communications.

Tata Communications entered into a strategic alliance with BitGravity in 2008 that included the licensing BitGravity's CDN technology and the federation of BitGravity's and Tata Communications' delivery networks. The company also made a strategic investment of $11.5mn in BitGravity. The alliance enabled Tata Communications' to enter the market with its own global CDN in 2008 and has resulted in successful traction with high profile media, content and gaming companies in Europe, Asia and India such as NDTV, IAH Games, Quick Heal Technologies and Nimbus Communications.