Thursday, December 22, 2011

Done Deal ? Akamai Buys Rival Cotendo For $268 Million

cotendoAkamai has indeed acquired Cotendo, one of its largest competitors, in a deal valuing the CDN and site acceleration services company at approximately $268 million. The confirmation comes nearly a month after Israeli business press reported that Akamai was mulling an acquisition of the website and mobile acceleration technology vendor for up to $350 million.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/bE9aiHl1keo/

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