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Akamai Expands in Korea

Akamai Technologies Inc. (Nasdaq: AKAM), Limelight Networks Inc. (Nasdaq: LLNW), and Abacast Inc. are making inroads in the Asia-Pacific market, with expansion plans and deals announced earlier this week.

Akamai expands in Korea
Akamai opened up a new office in Seoul and will be expanding operations there as the company plans to sell directly to Korean companies. In addition, Akamai has hired industry veteran Chung Yun Yeon to lead market development in the region.

Akamai had previously sold to Korean enterprises through a reseller agreement with Samsung Networks. Through that partnership, Akamai already has gained the business of Samsung Electronics Co. Ltd. (Korea: SEC), AhnLab Inc., NHN Corp., and Nexon Corp.

Akamai's business in Korea has grown sevenfold over the last four years, which may be why the company decided to go it alone and attack the market head-on.

To read on, about Limelight and Abacast, see the original story on Contentinople.

— Ryan Lawler, Contentinople

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