Akamai Swallows Velocitude

Acquisition allows Akamai to enter mobile optimization market and extend cloud services to mobile devices

June 11, 2010

1 Min Read

CAMBRIDGE, Mass. -- Akamai Technologies, Inc. announced today that it has acquired substantially all of the assets of Velocitude, a mobile services platform. The acquisition is expected to further Akamai’s strategic position in the mobile market – adding mobile content transformation functionality to Akamai’s existing suite of cloud services for optimizing Web content and applications, and the delivery of HD video and secure e-commerce to mobile devices.

Today, the majority of Web sites are not configured for optimal viewing when accessed by a mobile device, resulting in poor mobile usability.1 Mobile end users often experience a site that is difficult to navigate, lacking robust functionality that end users have come to expect when accessing the same site on a personal computer. As a result, many companies either support an entirely separate infrastructure for their mobile sites or chase away customers by presenting sub-optimal mobile Web experiences.

“To capitalize on the rapidly-changing and growing demands of mobile Internet users, enterprises must overcome some specific challenges to ensure both a highly-performing mobile site and a high-quality end user experience,” said Paul Sagan, president and CEO of Akamai.

Akamai Technologies Inc. (Nasdaq: AKAM)

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