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November 26, 2015 11:49 AM ET

Communications Equipment

Company Overview of Silver Peak Systems, Inc.

Company Overview

Silver Peak Systems, Inc. provides software solutions that accelerate data mobility between data centers, branch offices, and the cloud. Its solutions include Silver Peak Unity, an intelligent wide area network (WAN) fabric that unifies the enterprise network with the Internet and public cloud; Silver Peak VX, a WAN optimization software solution; Silver Peak Cloud Intelligence to control and optimize all Software-as-a-Service (SaaS) applications; VRX, a software solution that accelerates offsite data replication; and Unity EdgeConnect, a solution that enables enterprises to reduce the cost and complexity of building a WAN by leveraging broadband to connect users to applications. The company...

2860 De La Cruz Boulevard

Suite 100

Santa Clara, CA 95050

United States

Founded in 2004





Key Executives for Silver Peak Systems, Inc.

Founder, Chairman of the Board and Chief Executive Officer
Chief Financial Officer
Age: 42
Senior Vice President of Engineering and Operations
Senior Vice President of Products
Senior Vice President of Worldwide Channel Sales
Compensation as of Fiscal Year 2015.

Silver Peak Systems, Inc. Key Developments

Silver Peak Launches New Global Channel Partner Program to Accelerate Customer Adoption of SD-WAN

Silver Peak announced the launch of the company’s new Global Partner Program specifically designed to attract, educate and enable valued channel partners to capitalize on the burgeoning software-defined WAN (SD-WAN) market opportunity. The new channel program is fundamental to Silver Peak’s global go-to-market strategy, as it takes the complexity out of building WAN solutions for enterprises and service providers. With the program, Silver Peak is offering multiple new initiatives, each aimed at making the delivery of the company’s premier SD-WAN solution seamless: Three Partnership Levels 'The new program comprises three levels - Summit, Ascent, and Registered. As partners invest in Silver Peak and achieve specific milestones, they advance through the program and receive additional Silver Peak support and benefits. SD-WAN Sales and Technical Certifications 'Silver Peak has a new SD-WAN certification training for sales professionals and will complement it with an SD-WAN certification program for system engineers. These online certifications enable partners and acknowledge them for their expertise in Silver Peak solutions. Partner Program Mobile Application 'A mobile app allows partners to easily find Silver Peak information on the go. Partners can view new sales tools, watch training videos and register a deal on their mobile devices. Basecamp 'Silver Peak’s new easy-to-use partner portal is designed to cut partner on-boarding time down while providing a single, on-demand destination for training and enablement. With Basecamp, partners can quickly access the sales and marketing tools and support they need to help customers build a world-class SD-WAN. With Unity EdgeConnect, Silver Peak is providing partners and their customers with a solution to rapidly and non-disruptively augment or replace their MPLS networks with any form of broadband connectivity. EdgeConnect provides unprecedented levels of visibility into both legacy and cloud applications, and gives the IT organization the unique ability to centrally assign business intent policies to secure and control all WAN traffic. The product significantly improves end-user satisfaction with consistent and significantly enhanced application performance. By filling this market gap, Unity EdgeConnect enables partners to dramatically lower their customers’ connectivity, equipment and network administration costs by up to 90%.

Riverbed Technology and Silver Peak Systems Settle Patent Lawsuits

Riverbed Technology and Silver Peak Systems announced that they have settled the patent infringement lawsuits between them in the U.S. District Courts in Delaware and the Northern District of California. As part of the settlement, the parties agreed to a mutual release and cross-license regarding all asserted patents and all patents and applications in the asserted patents patent families. In addition, all claims and counterclaims were dismissed, and no payments were made by either party.

Silver Peak Introduces Unity EdgeConnect

As part of its strategy to deliver high-performing broadband and hybrid Wide Area Networks (WANs), Silver Peak unveiled its new Unity EdgeConnect solution that enables enterprises to dramatically reduce the cost and complexity of building a WAN by leveraging broadband to connect users to applications. By empowering customers such as Group Dekko and Kingston, and others to use broadband connections to augment or replace their current multiprotocol label switching (MPLS) networks, Silver Peak improves customer responsiveness, increases application performance, and significantly reduces capital and operational expenses. Delivered in both physical and virtual form factors, Unity EdgeConnect creates a virtual network overlay, so that enterprises do not have to replace existing routers and firewalls at branch offices. With Unity EdgeConnect, customers can move to a broadband WAN at their own pace, whether site-by-site, or via a hybrid WAN approach that leverages both MPLS and broadband Internet connectivity (cable, DSL, LTE, etc.). This is often referred to as software-defined WAN (SD-WAN). Unity EdgeConnect is an overlay solution, which means connectivity decisions are made independent of carriers, avoiding lengthy procurement and deployment delays for faster time to service. Connectivity can be rapidly extended, moved or changed where and when the business demands. With a zero-touch, plug-and-play deployment model, Unity EdgeConnect can be deployed at a branch office in seconds, automatically connecting with other Silver Peak instances in the data centre, other branches, or in cloud Infrastructure as a Service (IaaS) with the likes of Amazon, Microsoft Azure and VMware's vCloud Air. Key features of Unity EdgeConnect include: Dynamic Path Control (DPC) - real-time traffic steering over any broadband or MPLS link based on company-defined business intent policies. In the event of an outage or brownout, DPC automatically fails-over to the secondary connection in about one second. WAN Hardening - data is secured edge-to-edge via 256 bit AES encrypted tunnels. No unauthorised outside traffic is allowed to enter the branch. WAN hardening secures branch offices without the appliance sprawl and operating costs of deploying and managing dedicated firewalls. Path Conditioning - overcomes the adverse effects of dropped and out-of-order packets that are common with broadband Internet and MPLS connections. Path Conditioning provides private-line-like performance over the public Internet. Cloud Intelligence - delivers real-time updates on the best performing path to reach hundreds of software as a service (SaaS) applications ensuring users connect to their applications in the fast, most intelligent way available. Granular Visibility and Control with Unity Orchestrator: Unity Orchestrator is included with Unity EdgeConnect, and provides customers with unprecedented levels of visibility into both legacy and cloud applications, and the unique ability to centrally assign business intent policies to secure and control all WAN traffic. Key features of Unity Orchestrator include: Single Screen Administration - enables quick and easy implementation of network-wide business intent policies, which eliminates complex and error-prone policy changes at every branch; Granular Real-Time Monitoring and Historical Reporting - provides specific details into application, location, and network statistics, including continuous performance monitoring of loss, latency, and packet ordering for all network paths. All HTTP and native application traffic are identified by name and location, and alarms and alerts allow for faster resolution of service provider issues; Bandwidth Cost Savings Reports - document the cost savings for moving to broadband connectivity. Pricing and availability: The new Unity suite of solutions is available on June 15, 2015. Pricing for Unity EdgeConnect, which includes Unity Orchestrator begins at $199 per site, per month. Unity Boost is an optional performance pack that can be ordered on demand and is $5 per megabit-per-second (Mbps), per month.

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