Akamai Acquires VeriVue for Undisclosed Sum
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ddd69ba4-e4cd-4829-8a17-8af396c202ed&Preview=1 -
Date
11/13/2012 -
Company Name
VeriVue -
Mailing Address
3 Carlisle Road Westford, MA 01886 -
Company Description
The growth and popularity of digital media has created a whole new set of challenges for network operators. Delivering large files at high bit rates from ever-expanding content libraries drives rapid and unpredictable growth in video traffic. Traditional server-based delivery methods are becoming less effective, more costly and they only exacerbate the network connectivity problem. -
Website
http://www.verivue.com -
Transaction Type
M&A -
Transaction Amount
Undisclosed -
Transaction Round
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Proceeds Purposes
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M&A Terms
Financial terms of the transaction were not disclosed by the parties.
