Mobile technology software maker Openwave Systems Inc. said it plans to partner with networking equipment company Juniper Networks Inc. to improve the economics of delivering video over mobile networks.
Terms of the deal were not disclosed.
Openwave, a Redwood City, Calif., company that makes software for communications companies, said Sunday in a statement video is projected to exceed 65 percent of all mobile data traffic by 2013, which will create a capacity crunch on mobile networks. Its Media Optimizer helps service providers manage mobile video delivery and user experience under congested network conditions, which leads to better quality video and smooth downloads on smartphones, feature phones, netbooks and laptops.
The Media Flow product of Juniper, which is based in Sunnyvale, Calif., helps adapt video traffic according to network conditions like congestion, device capabilities and user preferences.
Openwave plans to integrate its Media Optimizer into Juniper's Media Flow.
Its shares climbed 13 cents, or 6.1 percent, to $2.25 in Monday trading. Juniper shares rose 16 cents to $43.57.