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Akamai Technologies Inc Acquires FastSoft Inc

Thursday, 13 Sep 2012 04:50pm EDT 

Akamai Technologies Inc announced that it has acquired FastSoft Inc., a provider of content acceleration software, in a cash transaction. The acquisition is expected to complement Akamai's cloud infrastructure solutions with technology for optimizing the throughput of video – and other digital content – across IP networks. The FastSoft team will be integrated into Akamai's engineering group. Terms of the transaction were not disclosed. 

Company Quote

-0.44 -0.72%
22 Aug 2014