MBGP meaning in Networking ?

Multiprotocol Extensions for BGP (MBGP or MP-BGP), sometimes referred to as Multiprotocol BGP or Multicast BGP and defined in IETF RFC 4760, is an extension to Border Gateway Protocol (BGP) that allows different types of addresses (known as address families) to be distributed in parallel. Whereas standard BGP supports only IPv4 unicast addresses, Multiprotocol BGP supports IPv4 and IPv6 addresses and it supports unicast and multicast variants of each. Multiprotocol BGP allows information about the topology of IP multicast-capable routers to be exchanged separately from the topology of normal IPv4 unicast routers. Thus, it allows a multicast routing topology different from the unicast routing topology. Although MBGP enables the exchange of inter-domain multicast routing information, other protocols such as the Protocol Independent Multicast family are needed to build trees and forward multicast traffic.

As an enhancement of BGP-4, MP-BGP provides routing information for various protocols, such as IPv6 (BGP4+) and multicast:

Multiprotocol BGP is also widely deployed in case of MPLS L3 VPN, to exchange VPN labels learned for the routes from the customer sites over the MPLS network, in order to distinguish between different customer sites when the traffic from the other customer sites comes to the provider edge router (PE router) for routing.