CAMBRIDGE, Mass. -- Akamai Technologies, Inc. (AKAM), announced today that it has acquired FastSoft Inc., a provider of content acceleration software, in a cash transaction. The acquisition is expected to complement Akamai's cloud infrastructure solutions with technology for optimizing the throughput of video – and other digital content – across IP networks.

FastSoft was launched in 2006 to commercialize network optimization technology. FastSoft's patented FastTCP algorithms improve Transmission Control Protocol (TCP), adding intelligence designed to increase the speed of dynamic page views and file transfer downloads while reducing the effects of network latency and packet loss.

FastSoft's unique technology has helped improve website and web application performance across the first and last miles, as well as through the cloud, without requiring client software or browser plug-ins.

Combining FastSoft with Akamai's existing network protocols is expected to help enable Akamai to optimize server capacity, deliver higher throughput for video, and bring greater efficiency to its global platform.

Akamai Technologies Inc. (Nasdaq: AKAM)