Orchestream Secures Minority Shareholding from Intel

Strategic Insights -

Leading developer of policy-based service management software, Orchestream, has announced a minority shareholding investment from Intel, one of the world's leading technology companies. According to Orchestream's CEO, Ashley Ward, the investment will accelerate the adoption of the company's open standards-based software products, which manage IP data network traffic and provide a platform for service providers to offer key revenue-generating services. With Orchestream managing network traffic, e-businesses can guarantee high performance levels to satisfy customers and differentiate themselves from the competition.

Key Takeaways:

  • Orchestream, a leading developer of policy-based service management software, has secured a minority shareholding investment from Intel.
  • The investment from Intel will be used to accelerate the adoption of Orchestream's award-winning software products.
  • Orchestream's software manages IP data network traffic, providing a platform for service providers to offer revenue-generating services like IP-VPNs, Managed Network Services, and Application Hosting.
  • Orchestream's enterprise policy management product, Orchestream/Enterprise 2.0, has received widespread acclaim from customers, analysts, and the media.
  • Orchestream's next generation service provider software, Orchestream/Provider 2.0, is scheduled for launch in early 2000, enabling network service providers to rapidly provision new IP services.
  • The company has offices in New York and London and is a privately owned software development company founded in 1996 by Charles Muirhead.

Statistics:

  • Orchestream's software manages IP data network traffic on virtual private networks (VPNs) and corporate data networks.
  • Intel has taken a minority shareholding in Orchestream.
  • Orchestream's award-winning software products have been recognized with the Data Communications "Best in Show" award at Networld+Interop '99 and the Network Computing magazine's "Editor's Choice" award.

Sources:

  • BUSINESS WIRE. (1999, December 20). Orchestream Announces Minority Shareholding Investment from Intel.
  • Orchestream. (1996-1999). About Orchestream.
  • Networld+Interop. (1999). Best in Show Award.
  • Network Computing. (1999). Editor's Choice Award.