Novell, Nortel and Accenture start content networking company
Will realise full potential of Net. And the rest
Novell, Nortel and Accenture (formerly Andersen Consulting) has pumped a load of money into a new company, Volera, "a new operating company targeting the emerging content networking market".
What that really means is that Volera will sell you a load of kit aimed at improving Net performance. It will "Make the Net fly". So we have accelerators, caching systems, content management system etc etc etc and this will speed content delivery and improve performance and scalability.
For those of you that prefer pictures to words, the company has put a Flash movie explanation on its new Web site www.volera.com.
Novell will own most of the company and Nortel, Accenture have taken small stakes. It amounts to $80 million in cash and some free consulting services. Novell will also provide a load of technology. Novell CEO Eric Schmidt will be chairman of the board and the other main positions will also be filled by Novell staff. Eric had this to say: "This is a defining deal for our industry and Novell. The market has been looking for new platforms to deploy next generation Internet services and applications. With Nortel Networks and Accenture, we have the right partners to bring our highly competitive new platform to market. At Novell, we see Volera capturing early leadership in the rapidly developing Internet content networking market, one of the most promising on the Net."
We also include a quote for a Nortel man simply because his name sounds familiar. "Intelligent content caching, distribution and management are key elements of a content delivery network. Our relationship with Volera will drive a new category of content caching and content management solutions... etc etc etc," said George Cooney, Nortel senior VP of corporate development and ventures.
If you want to know more, it's all up on the Volera site.
Volera: a content networking company, not a Chelsea footballer. ®