From Boston to San Diego, Companies Maneuver to Catch Online Video Wave

Apple’s recent launch of the iPad has triggered intensifying interest in online video distribution, which seems to be reflected in a string of announcements that coincide with today’s kickoff of the National Association of Broadcasters’ annual conference in Las Vegas.

As if reminding everyone of the size of their network, Cambridge, MA-based Akamai Technologies (NASDAQ: [[ticker:AKAM]]), announced today that unprecedented demand for online coverage of major sport events—including streaming video—pushed traffic on its global network to a single-day peak of 3.45 terabits per second on Friday. That’s roughly equivalent to the capacity needed to download the entire text of the U.S. Library of Congress in less than a minute.

The company noted that surging interest in major sporting events, including professional golf and baseball, helped to drive traffic to a new peak for high definition streaming video—part of a network platform that Akamai launched in 2009. San Diego-based VMIX also announced today it has broadened its relationship with Akamai by standardizing its online video capabilities with Akamai’s HD Network.

As Wade recently reported, Brightcove, another Cambridge, MA, company that has been a longtime proponent of Adobe’s Flash-based digital video technology, has moved to

Author: Bruce V. Bigelow

In Memoriam: Our dear friend Bruce V. Bigelow passed away on June 29, 2018. He was the editor of Xconomy San Diego from 2008 to 2018. Read more about his life and work here. Bruce Bigelow joined Xconomy from the business desk of the San Diego Union-Tribune. He was a member of the team of reporters who were awarded the 2006 Pulitzer Prize in National Reporting for uncovering bribes paid to San Diego Republican Rep. Randy “Duke” Cunningham in exchange for special legislation earmarks. He also shared a 2006 award for enterprise reporting from the Society of Business Editors and Writers for “In Harm’s Way,” an article about the extraordinary casualty rate among employees working in Iraq for San Diego’s Titan Corp. He has written extensively about the 2002 corporate accounting scandal at software goliath Peregrine Systems. He also was a Gerald Loeb Award finalist and National Headline Award winner for “The Toymaker,” a 14-part chronicle of a San Diego start-up company. He takes special satisfaction, though, that the series was included in the library for nonfiction narrative journalism at the Nieman Foundation for Journalism at Harvard University. Bigelow graduated from U.C. Berkeley in 1977 with a degree in English Literature and from the Columbia University Graduate School of Journalism in 1979. Before joining the Union-Tribune in 1990, he worked for the Associated Press in Los Angeles and The Kansas City Times.