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Virtela Announces Four-Year Contract To Provide Global Managed Network Services To Lam Research

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^{Published in Science and Technology on Tuesday, April 2nd 2013 at 6:16 GMT by Market Wire}  

Virtela Announces Four-Year Contract To Provide Global Managed Network Services To Lam Research -- DENVER, April 2, 2013 /PRNewswire/ --

DENVER, April 2, 2013 /PRNewswire/ -- [ Virtela ], the world's largest independent managed network, security and cloud services company, today announced a four-year extension of  its managed services contract with Lam Research Corp. (NASDAQ: [ LRCX ]), a major supplier of innovative semiconductor wafer fabrication equipment and services to the worldwide semiconductor industry.

Under the terms of the agreement, Virtela will work with IBM to provide managed WAN/LAN, application acceleration, security and cloud network services to Lam.

Key to Virtela being selected for this contract extension was its prior history at Lam Research Corp., delivering high performance enterprise networking solutions across the company's U.S., Europe and Asia-Pacific locations.

"Virtela provides a comprehensive, cost effective global solution with support that aligns closely with our business goals," said Les Spencer , vice president and chief information officer for Lam Research. "We view Virtela as an important supplier of critical network services to the company."

About Virtela
[ Virtela Technology Services Incorporated ] is the smart alternative to traditional global carriers and equipment vendors for enterprise networking and virtualized IT services. The company delivers award-winning services via its Virtualized Overlay Network and Virtela Enterprise Services Cloud (ESC) platform, which enables the transition of branch office networking and security services to the cloud. Virtela gives enterprises the benefit of "asset-light" software-defined networking that delivers up to 80% cost savings in upfront capital and 30% savings in ongoing operating expenses.

Recognized by more than 50 awards for outstanding service innovation and customer support in the last two years, Virtela's services suite includes global managed network, security, mobility, application acceleration, and IT infrastructure services.

Virtela is headquartered in Denver, Colorado, with global support centers around the world. For more information, please call +1 (720) 475-4000 or visit [ www.virtela.net ].

SOURCE Virtela