Akamai Acquires Content Delivery Network Company VeriVue In All Cash Transaction

Posted on Nov 13 2012 - 1:52pm by Editorial Staff

Akamai announced today that it has acquired Verivue in an all cash transaction, expecting to complement Akamai’s Aura Network Solutions and licensing content delivery network (CDN) solution for network operators. Verivue, which was found in 2006, has approximately 60 employees. The transaction is expecting to close, subject to customary closing conditions by the end of 2012.

“Verivue has done an impressive job of building a licensed content delivery infrastructure and getting it deployed with several important operators,” said Mick Scully, Vice President and General Manager of Akamai’s Carrier Products Division.  “We believe that Verivue’s technology will complement our roadmap for creating a comprehensive Operator CDN solution. 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.”

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