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DNA-based IT Application comes to Europe
Thursday, March 14 2002
by Andrew McLindon


Irishman Shane Buckley has been appointed to head-up the EMEA operation of a
company that uses DNA research to increase the performance of IT applications.

Buckley, the former chief executive officer of Conduit Software, has joined
US-based Peribit Networks as its president of EMEA (Europe, Middle East and
Africa). 



The company launched its sales and marketing effort in Europe on Thursday after
securing USD20.5 million in venture funding from leading American financing firm
Mayfield. Its European operation will be based in Ireland, but the company said
it was too early to talk about prospective employee numbers.  



Founded in May 2000, Peribit Networks uses techniques developed in the study of
DNA to enhance the performance and capacity of IT networks. The company's
Molecular Sequence Reduction (MSR) technology employs patent-pending algorithms
that identify and eliminate previously undetected repetitions in data traffic
flowing across wide area networks (WANs). 



"The company's chief technology officer and co-founder, Amit P Singh, was doing
PhD research in biomedical informatics on the design of advanced algorithms and
computational models for the analysis of the recurring patterns in DNA,"
explained Buckley to ElectricNews.Net. "While doing this research, he and his
brother, who worked in Intel as a chip designer, realised that the algorithms and
models could also be applied to networks." 



According to Buckley, Peribit has found that between 70 and 90 percent of traffic
over WANs such as e-mail and Web browsing is repetitive and such traffic hampers
network efficiency. The company claims that its first product offering, the
SR-50, can increase network capacity by up to ten times over WAN links at speeds
beyond T3 by identifying and eliminating as much as 90 percent of network traffic
from the data stream. 



SR-50 has been shipping since September of 2001 and, said the company, has
already been used in Europe by US-based international companies such as
BroadVision. "I was impressed to learn that some of Peribit's multi-national
customers had already purchased and deployed equipment in Europe without local
support," commented Buckley. He added that the company is also currently talking
to a number of Irish businesses about using its technology.



Buckley, who prior to his role at Conduit was 3Com's EMEA vice president for
channels, said that he had been attracted to the company by its "exciting"
technology and the ability of this technology to reduce costs.



"In the IT world, it often seems that technology is developed for technology's
sake. However, Peribit's technology has a number of hooks, not least its ability
to reduce WAN costs and in the current cost-cutting climate this is very timely,"
he remarked. Additional benefits of the technology, he added, were its small
foot-print and quick installation time.



Peribit Networks can be found at HREF="http://www.peribit.com">http://www.peribit.com.