Bytemobile
Offers solutions enabling mobile network operators to improve the utilization and performance of their existing network capacity.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor | €0.0 | round | |
| investor investor investor | €0.0 | round | |
$400m Valuation: $400m | Acquisition | ||
| Total Funding | 000k | ||
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Bytemobile was a developer of mobile internet hardware and software focused on providing data and video optimization solutions for wireless network operators. Founded in 2000 by Dr. Constantine Polychronopoulos, an electrical engineering professor at the University of Illinois, the company's core technology stemmed from his academic research into wireless network performance optimization. Bytemobile's primary clients were mobile network operators, and by the time of its acquisition, it served over 130 operators in 60 countries, reaching an estimated 2 billion subscribers.
The company's business model revolved around selling hardware and software solutions that helped operators manage network capacity and traffic. Its flagship product line included the Unison Platform and the T-Series Adaptive Traffic Management System. These solutions provided tools for network analysis, traffic management, content caching, and crucially, video and web optimization to relieve network congestion on 3G and 4G LTE networks. This was particularly critical as mobile video consumption began to surge. Prior to its acquisition, Bytemobile was processing over 20 petabytes of data daily across its customer networks.
A significant milestone in the company's journey was its acquisition by Citrix Systems in July 2012 for a reported $435 million. The acquisition was a strategic move for Citrix to enter the mobile operator market and strengthen its position in cloud and mobile services. Bytemobile was integrated into Citrix's Cloud Networking product group, forming a new Service Provider Platforms team. However, in November 2015, Citrix announced it was shutting down the Bytemobile product line. The decision was driven by the increasing prevalence of encrypted video traffic, which could not be optimized by Bytemobile's technology, thus diminishing the core value proposition of the acquisition.
Keywords: Bytemobile, Citrix, mobile network optimization, data optimization, video optimization, traffic management, wireless communications equipment, network capacity, mobile operators, Constantine Polychronopoulos, Unison Platform, Adaptive Traffic Management, 3G optimization, 4G LTE optimization, mobile internet hardware, telecom infrastructure, network congestion, mobile data traffic, Citrix acquisition