Blue Coat Climbs to Second in Market Share in Quarterly Report on WAN Optimization

July 14, 2008 7:45 AM EDT

SUNNYVALE, Calif.--(BUSINESS WIRE)--

Blue Coat Systems, Inc. (Nasdaq: BCSI), the leader in WAN Application Delivery and Secure Web Gateway, today announced that a new report from Gartner, Inc., the world's leading information technology research and advisory company, ranks Blue Coat second in worldwide market share for WAN optimization controllers during the first calendar quarter of 2008. Previously, in Gartner's report for the fourth calendar quarter of 2007, Blue Coat had ranked third in market share. According to the Gartner report, "Market Share: Application Acceleration Equipment, Worldwide, 1Q08,"(1) Blue Coat grew its revenue while two other prominent vendors decreased in revenue.

In the same report, Packeteer, Inc., which was acquired by Blue Coat in the second calendar quarter of 2008, achieved the strongest percentage growth of any vendor reported. Packeteer ranked as fourth in market share. Going forward, Packeteer revenue will be included with Blue Coat revenue.

"Our approach to WAN optimization with integrated security and control clearly resonates with enterprises and large organizations," said Bethany Mayer, senior vice president of Worldwide Marketing, Blue Coat Systems. "WAN optimization is no longer about simply accelerating files. Enterprises and organizations need visibility of WAN traffic to and from the branch office, combined with the ability to stop dangerous or unauthorized applications, accelerate business-critical applications, even those using SSL encryption, and manage everything in between."

1. Gartner, Inc., "Market Share: Application Acceleration Equipment, Worldwide, 1Q08" by Joe Skorupa and Nhat Pham, July 2008.

About Blue Coat Systems

Blue Coat secures Web communications and accelerates business applications across the distributed enterprise. Blue Coat's family of appliances and client-based solutions - deployed in branch offices, Internet gateways, end points, and data centers - provide intelligent points of policy-based control enabling IT organizations to optimize security and accelerate performance between users and applications. Blue Coat has installed more than 40,000 appliances worldwide. Blue Coat is headquartered in Sunnyvale, California, and can be reached at (408) 220-2200 or www.bluecoat.com.

FORWARD LOOKING STATEMENTS: The statements contained in this press release that are not purely historical are forward-looking statements, including statements regarding Blue Coat Systems' expectations, beliefs, intentions or strategies regarding the future, and including statements regarding the capabilities and expected performance of Blue Coat Systems' products. All forward-looking statements included in this press release are based upon information available to Blue Coat Systems as of the date hereof, and Blue Coat Systems assumes no obligation to update any such forward-looking statements. Forward-looking statements involve risks and uncertainties, which could cause actual results to differ materially from those projected. These and other risks relating to Blue Coat Systems' business are set forth in Blue Coat Systems' Form 10-K for the year ended April 30, 2008, filed with the Securities and Exchange Commission.

Source: Blue Coat Systems, Inc.

Related Categories

Press Releases

Stocks Mentioned

Add Your Comment

Name

Subject

Body

Verification can't see the text?
click here to refresh the image.
what's this?