Napatech Builds Momentum on Success of Reconfigurable Computing Platforms
Summary
LOS ALTOS, Calif. and COPENHAGEN, Denmark, May 23, 2019 /PRNewswire/ -- Napatech™ (OSLO: NAPA.OL), the leading provider of reconfigurable computing platforms, today announced that its growth, new funding round and recent product launches contributed to significant momentum in 2018 and into 2019. This placement was underwritten by a group of well-known European investors by offering new shares in Napatech in order to raise the full round at the Subscription Price. The solution empowers IT organizations of all sizes to deploy networking and cybersecurity applications on standard servers for unparalleled performance at a fraction of the cost of custom hardware alternatives. Ray Smets, CEO, Napatech said: "Major changes in communications created by hyperscale computing, 5G mobile and the Internet of Things are transforming the technology needs of businesses. We enhance open and standard virtualized servers to boost innovation and release valuable computing resources that improve services and increase revenue.
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