Packeteer was a star company. The company’s patented technology in traffic shaping did change a lot in the industry. Many customers like this concept and get this box at the WAN links.
However, the product designed for idiot cannot last long which is a law for the packet industry. After years and many installations, the customers found their dream cannot be realized by Packeteer. The traffic shaping only solves 10% of the problems. Well, when RiverBed, Cisco carries WAAS and Juniper got Peribits, Packeteer started to face real challenges. Even partnering with Microsoft to ship the iShape appliance for broader market did not change the trend.
Don’t be evil. This is a famous google term. This is for management in public company too. The competition will not destroy the company, the corruption will. In 2007, Packeteer was exposed a finance scandal for tax evasion. The confidence of the employees, managements and investors are defeated.
Figure 1. Shows Packeteer price change after the tax evasion exposed.
The Bluecoat was mainly a web proxy company. The company is a more sales driven company without outstanding unique technology. The acquisition will bring many valuable technical resources to the company, so Bluecoat pays much comparing to the NetScout/Network General deal. The $268 million deal is just a start to merge, the real merge for the people and technology will be a long way to go.
This acquisition annouced at April 21, 2008. PacketEvents will continue to monitor this event.
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