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December 20, 2013 12:01 am GMT

IBM Buys Aspera, A File Transfer Company That Counts Apple And Netflix As Customers

7796856900_c1552de2c0_bIBM is acquiring Aspera, a bootstrapped file transfer company that counts media companies, SaaS providers and large enterprises as customers. Terms of the deal were not disclosed.Aspera's software is built on "fasp" its patented file transfer technology. It is designed to leverage a company's wide area network (WAN) and commodity hardware to achieve speeds that are faster than FTP and HTTP over a secure network. A WAN is essentially a company's network across a large geographic region. Aspera's technology optimizes the WAN through its software that allows for granularity in the way the technology is used. Through the process, Aspera optimizes the bandwidth, latency, bottlenecks and a host of other factors.

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