Broadband World Forum - Paris, France, Sept. 27, 2011 – Overture Networks, the industry’s trusted Carrier Ethernet solutions provider, today announced the latest quarterly “Carrier Ethernet Access Platforms” (CEAP) tracker published by respected industry analyst firm, Heavy Reading, again highlights the company’s continued market dominance. The latest CEAP tracker cites Overture as a market leader in Carrier Ethernet edge and aggregation platforms, leading both the Ethernet-over-copper and Ethernet-over-TDM categories.
According to the report, the global CEAP market grew about 11 percent year-over-year from $765 million in the first half of 2010 to more than $850 million in the first half of 2011, despite macro-economic difficulties. The report also estimates the CEAP market will have a compounded annual growth rate (CAGR) of 11 percent between 2010 and 2016, reaching nearly $2.95 billion at the end of this period.
“Clearly, Overture is well-positioned to address the challenges of the CEAP market across all access categories we track with its comprehensive product portfolio and solid reputation for delivering compelling solutions,” said Stan Hubbard, senior analyst, Heavy Reading. “Quarter after quarter, the company has been at the top of the Ethernet-over-bonded copper pair segment and held a commanding lead of the Ethernet-over-TDM access circuit platform market. And we now see them attacking the optical Ethernet space with the same passion that has made them successful in these areas.”
“These are exciting times for Overture as we continue to experience significant growth as a company, and as we pursue innovative product strategies to help our service provider customers win new business in an increasingly competitive market,” said Jeff Reedy, chief executive officer, Overture Networks. “Heavy Reading has consistently recognized Overture as a market leader, and we are committed to maintaining and extending that position through a continued focus on making our service provider customers successful.”
For more information about Heavy Reading’s quarterly CEAP tracker, please visit http://www.heavyreading.com. For more information about Overture Networks, please visit www.overturenetworks.com or follow @OvertureNews on Twitter.
About Overture Networks
Overture Networks is the preferred Carrier Ethernet edge and aggregation partner to more than 450 service providers and enterprise customers worldwide. The company’s flexible, high-quality and high-performance solutions help service providers fully leverage Carrier Ethernet to multiply revenue and streamline operational costs by cost-effectively enabling high-capacity Ethernet services over any physical media, including fiber, copper and TDM, for applications ranging from speeds of 1 Mbps to 10 Gbps. With an award-winning universal Ethernet services platform, Overture Networks gives providers a competitive edge for demanding applications, such as cloud computing and mobile communications that require greater bandwidth and smarter networks. Overture Networks is headquartered in Research Triangle Park, NC, with a technology center in Richardson, Texas. For more information, visit http://www.overturenetworks.com.