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December 22, 2011 05:10 pm GMT
Akamai 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.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/bE9aiHl1keo/
Done Deal Akamai Buys Rival Cotendo For $268 Million
Akamai 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.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/bE9aiHl1keo/
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