1. Akamai Buys Velocitude to Power Mobile Delivery

    Data Center Knowledge (Jun 11 2010)

    1. Akamai Buys Velocitude to Power Mobile Delivery As consumers use mobile devices to view more multimedia content, content delivery market leader Akamai is investing in technology to broaden its support for the growing universe of web-enabled devices. Akamai (AKAM) announced Thursday that it has acquired substantially all of the assets of Velocitude, a mobile services platform. With this acquisition Akamai gains mobile content transformation functionality, a complement to its existing suite of cloud services. Terms of the deal were not disclosed. (Read Full Article)

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