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This article was published on November 13, 2012


    Akamai acquires digital content delivery specialist VeriVue in cash transaction

    Akamai acquires digital content delivery specialist VeriVue in cash transaction Image by: Sergey Anatolievich Pristyazhnyuk
    Robin Wauters
    Story by

    Robin Wauters

    Robin Wauters is the European Editor of The Next Web. He describes himself as a hopeless cyberflâneur, a lover of startups, his family a Robin Wauters is the European Editor of The Next Web. He describes himself as a hopeless cyberflâneur, a lover of startups, his family and Belgian beer. If you'd like to know more about Robin, head on over to robinwauters.com or follow him on Twitter.

    Internet content delivery network company Akamai today announced that it has acquiredVeriVue in an all-cash transaction.

    Financial terms of the deal were not disclosed, but Akamai said it expects the acquisition to boost its ‘Aura Network Solutions’ line of managed and licenced content delivery network (CDN) offerings, and accelerate the time-to-market in providing a licensed CDN solution specifically for network operators.

    Basically, VeriVue provides carriers with a solution that enables them to cost-effectively deliver digital cable, IPTV premium services and multi-screen offerings to consumers across a wide variety of devices.

    After all, someone needs to make sure you can watch Hulu or Netflix from your couch, and VeriVue helps network operators take care of that.

    Notably, Netflix recently introduced its own CDN offering, called Open Connect.

    Comments Mick Scully, VP and GM of Akamai’s Carrier Products Division, on the deal:

    “Verivue has done an impressive job of building a licensed content delivery infrastructure and getting it deployed with several important operators. We believe that Verivue’s technology will complement our roadmap for creating a comprehensive Operator CDN solution.”

    Founded in 2006, Verivue has approximately 60 employees.

    While the purchase price isn’t being disclosed, this could give you an idea: Akamai last year acquired another CDN rival, Cotendo, for $268 million.

    Image credit: Thinkstock