Cheetah Technologies Acquires Symmetricom’s Video Quality Monitoring Business

Some late-breaking news on a local tech company making an acquisition!

Cheetah Technologies, LP, a leader in HFC network performance and monitoring, signed a definitive agreement to acquire Symmetricom’s (NASDAQ: SYMM) Video Quality Monitoring Business – a leading provider of video quality, performance and monitoring software. Today’s acquisition extends Cheetah’s powerful solutions for real-time voice, video and data quality of service and performance monitoring. The transaction is expected to close in late February, subject to customary closing conditions.

Adding the Video Quality Monitoring solution builds upon an already successful monitoring platform. Cheetah Technologies’ network management solutions are deployed in more than 25 countries and manage hundreds of thousands of network devices. The resulting outcome of the combined businesses will help network service providers unify their network monitoring, deploy a unique and innovative origination-to-edge monitoring fabric and improve quality monitoring capabilities, offering video consumers a best-in-class video experience.

“Consumers of entertainment-grade video have high expectations of virtually perfect video quality. As a result, our customers are becoming much more sophisticated in developing their companywide video monitoring strategies. They are looking for unified tools and processes to help them monitor the video quality across their entire network more effectively – from source to consumer experience,” said Cheetah’s Steve John, Chief Executive Officer. “With the Video Quality Monitoring Business, we’re gaining a market-leading solution, giving customers the power to dive deep into video packets throughout every key part of their network and resulting in the best video experience on any screen for their customers. Cheetah now offers the strongest and most complete combination of source to experience unified network monitoring tools on the market today.”

Formally part of the Telecom Solutions Division of Symmetricom, the Video Quality Monitoring platform enables carriers, Internet service providers and cable operators to understand how their actual video service quality is perceived by end-users. Knowing in real-time the quality of the video offerings end-to-end is critical for assuring customer satisfaction and avoiding churn. With over $30 million invested in the Video Quality Monitoring Business, it has been deployed or is in trials with twenty-one MSOs, Telcos, programmers and communication technology providers. The group has also inked strategic partnership and/or reseller agreements with Ericsson, HP, Alcatel-Lucent, IBM and is part of Microsoft’s Mediaroom Ecosystem.

Under the terms of the agreement, Cheetah Technologies will purchase all assets of the Video Quality Monitoring Business including the technology and intellectual property for $2.25 million. The transaction is subject to normal closing requirements and should close by the end of February. Walt Ungerer of Corporate Game Plan acted as strategic M&A advisor to Cheetah Technologies.

The Week that Was in Pittsburgh’s Tech Scene

Check out the Pittsburgh Technology Council’s weekly video update of the “Week that Was” in Pittsburgh’s technology scene. Activity is bubbling everywhere from new companies to new hires. See for yourself![youtube=http://www.youtube.com/watch?v=vvtYPKp4Pbg]

Blue Archer Formalizes Pittsburgh SEO Offerings

Blue Archer, a web design and internet marketing firm located in Shadyside, recently formalized their Pittsburgh internet marketing offerings to include a comprehensive list of services extending beyond website design.
“For some time now we’ve conducted ongoing marketing campaigns and search engine optimization for many of the clients from our web design portfolio,” said Jen Brant, Marketing Manager at Blue Archer.  “However, the rising number of Pittsburgh SEO inquiries has put us in a position where we have both the staff and the demand to offer internet marketing as a stand alone service separate from our web design offerings.”
Blue Archer now works with both new and pre-existing clients on Initial SEO analyses, employing trusted SEO software in a consultative process that determines which keywords possess the best metrics to attract new visitors.  Ongoing marketing campaigns help implement these search engine optimization tactics throughout the entirety of your site, in addition to building online brand awareness through paid advertising and link building efforts.  Finally, Blue Archer’s web content writing services ensure that your internet marketing efforts result in content that reads well for both site visitors and the search engine ranking algorithms.
“Blue Archer has always been committed to providing web-based technologies that help grow businesses,” said Brant.  “Ten years ago we began by building trusted, easy-to-use websites.  Formalizing our internet marketing services on the Pittsburgh SEO scene is the next step for us in becoming a technology firm that provides every resource needed for a company to make their internet endeavors successful.”
For more information about Blue Archer and the services it provides, visit www.bluearcher.com.

GDC Named to Top 100 Managed Services Provider List

Global Data Consultants, LLC (GDC), a provider of Information Technology in the Quad-State area of Pennsylvania, Maryland, Virginia, and West Virginia, landed on Nine Lives Media Inc.’s third-annual MSPmentor 100 for the second consecutive year.  MSPmentor is a distinguished research report identifying the world’s most progressive MSPs (Managed Service Providers).  A managed service provider is an organization that businesses contract to conduct day-to-day information technology processes for improved effectiveness and efficient operations. 

“Without a doubt, 2009 was one of the toughest years that businesses have seen in some time.  From the small-to-medium businesses to our enterprises clients, GDC personally shared in a lot of the pain and downturn that our clients experienced and together we found ways to keep the relationships strong.” stated Nelson Witmer, Vice-President of Network and Infrastructure Services for GDC.  “Being named to the Top 100 list again this year is truly a result of being continually focused on the customer relationship, while providing exceptional technical services.”

Service 1st Valuation and Settlement Services, Inc. Partners with a Top 50 Mortgage Technology Provider

Service 1st Valuation and Settlement Services, Inc. is pleased to announce its partnership with ValuAmerica. Service 1st will offer the ValuNet xsp Platform to its list of National clients and vendors.
The ValuNet xsp Platform supports more than 50,000 users and is hosted by a recognized global leader in managed hosting, Computer Sciences Corporation (CSC), a Fortune 100 company.  The Web version of ValuNet xsp automatically collects data from orders, customers and vendors and can automatically select and assign vendors. ValuAmerica was named as one of the Top 50 Mortgage Technology providers.
Service 1st is thrilled to add such a superior addition to its commitment to developing the highest level of customer service and quality in the appraisal management industry.
Mark Oliver, CEO and company President was extremely excited about the partnership because “not only will it allow Service 1st  to standby its continued commitment to Customer Service and Quality, but  it will also offer hosting in two data centers providing a full disaster recovery and redundant back-up to ensure a fully compliant software.”
Service 1st Valuation and Settlement Services, Inc. is a Pittsburgh, PA based appraisal management company with a wide variety of clients ranging from national banks and mortgage lenders as well as a large client base in the asset management and default services industry. Service 1st has 75 years of experience in the vendor management Industry and will continue to grow and service its clients as the Best Customer Service and Quality focused appraisal management company.

Source: PR Newswire