Akamai has completed its acquisition of Verivue, which provides licensed CDN services for network service providers.
Akamai announced a definitive agreement between the parties pursuant to which Akamai would acquire Verivue in a cash transaction in November. Akamai is attempting to capture a significant share of the emerging operator CDN market and the Verivue acquisition is part of that strategy. Orange and SFR in France recently separately announced access network CDN offerings.
“Network operators are turning to CDN technologies as a strategic and highly complementary way to offer new and differentiated content services, reduce network infrastructure costs, and ensure a quality experience for subscribers across a variety of IP-connected devices,” said Paul Sagan, president and CEO of Akamai. “Since the launch of our Aura Network Solutions earlier this year, Akamai has been meeting with network operators worldwide. With our acquisition of Verivue now complete, we believe we are well-positioned to offer network operators a more robust, operator CDN solution as well as federation with the world’s leading content delivery platform.”