Akamai Acquires VeriVue for Undisclosed Sum

  • Feed Type
  • Date
    11/13/2012
  • Company Name
    VeriVue
  • Mailing Address
    3 Carlisle Road Westford, MA 01886
  • Company Description
    The growth and popularity of digital media has created a whole new set of challenges for network operators. Delivering large files at high bit rates from ever-expanding content libraries drives rapid and unpredictable growth in video traffic. Traditional server-based delivery methods are becoming less effective, more costly and they only exacerbate the network connectivity problem.
  • Website
    http://www.verivue.com
  • Transaction Type
    M&A
  • Transaction Amount
    Undisclosed
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    Financial terms of the transaction were not disclosed by the parties.