Peribit Networks has formed a partnership with US Telecommunication as part of the company's strategy to capitalize upon the Middle East market with an estimated total value of $30 million over the next three years.
Under the terms of the agreement, US Telecommunication will develop Peribit's channel partner network, drive sales, coordinate regional training, and provide pre and after-sales support across the Middle East, as part of a coordinated effort to broaden the adoption of Peribit products. US Telecommunication is already working with a number of channel partners, including Beta IT, DPS, Al-Rostamani and Potential Net in the United Arab Emirates (UAE).
Founded in 2000, Peribit Networks specializes in WAN application performance. A privately held company, Peribit is funded by top-tier investors Accel Partners, Foundation Capital, and Mayfield. Headquartered in the US, the company has operations throughout North and South America, Europe, Middle East, Africa and Asia Pacific. — (menareport.com)
© 2004 Mena Report (www.menareport.com)
