Tuesday, November 13, 2012

Akamai Acquires Verivue to Offer Licensed CDN

More than a year ago, Akamai Technologies announced it will offer an  operator a licensed CDN product (here). It seems that the CDN provider decided to accelerate the effort, by acquiring Verivue [see "Verivue Adds Transparent Caching" - here and "Dan Rayburn: Akamai should "acquire a transparent caching provider, ideally PeerApp" - here].

Akamai and Verivue announced  that the "..two companies have signed a definitive agreement for Akamai to acquire Verivue in a cash transaction. The acquisition is expected to complement Akamai's Aura Network Solutions and accelerate Akamai's time to market in providing a comprehensive, licensed content delivery network (CDN) solution for network operators".

Mick Scully (pictired), VP and GM, Akamai's Carrier Products Division, said: "Verivue has done an impressive job of building a licensed content delivery infrastructure and getting it deployed with several important operators .. We believe that Verivue's technology will complement our roadmap for creating a comprehensive Operator CDN solution. Akamai has relationships with hundreds of network operators, and we offer them instant federation with our global Intelligent Platform. We believe joining forces with Verivue will allow us to help operators maximize content revenues and network efficiencies as the flood of media and video traffic increases"

See "Akamai to Acquire Verivue" - here.

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