Akamai Acquires FastSoft for Undisclosed Sum

  • Feed Type
  • 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.