Akamai Acquires FastSoft for Undisclosed Sum
-
Feed Type
-
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4052f5ac-8b35-4ef0-9bb7-15f57b1658af&Preview=1 -
Date
9/13/2012 -
Company Name
FastSoft -
Mailing Address
257 S. Fair Oaks Ave Pasadena, CA 91105 -
Company Description
FastSoft, Inc. is a privately funded company based in the Los Angeles area. Its patent-pending FastTCP technology was developed at The California Institute of Technology’s networking laboratory (Netlab). The company’s mission is to generate significant business benefit for companies that depend on the transfer of large files by radically improving the speed of data transfer over the Web. -
Website
http://www.fastsoft.com -
Transaction Type
M&A -
Transaction Amount
Undisclosed -
Transaction Round
-
Proceeds Purposes
-
M&A Terms
The acquisition was paid for with all cash.
