Last Wednesday (on February 8, 2012), Akamai Technologies, the global leader in web optimization and Content Delivery Network services, announced that it had acquired Blaze Software Inc., one of the innovative providers of cloud-based services that automate frontend optimization (FEO) and optimizes the speed of rendering web pages, in a cash transaction.
With the Internet applications becoming more complex, and with the higher use of rich media on the webpages, there is a need to have solutions that optimize the content when it is being delivered to devices including desktops, laptops, tablet devices and smart phones. And by reducing the number of requests, and optimizing the content, the offering of Blaze provides this additional performance improvements. Akamai mentioned that since the solution was supplementary to its global cloud, leveraging and integrating this technology would enable Akamai to provide additional performance improvements to its customers.
Both Akamai and Blaze were happy with development and at the prospect of working together, and while it was a cash-only deal, the financial details of the same were not disclosed.
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Tags: acquisitions, akamai, technology news
Created at February 15th, 2012 in Mergers & Acquistions |
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This Wednesday (on January 25, 2012), NTT Communications Corporation, one of the leading providers of hosting, data center and network optimization offerings, announced that it had entered into a definitive agreement of acquiring 74% stake in Netmagic Solutions, one of the leading providers of datacenter services in India.
With its seven datacenters, the Netmagic Solutions Corporation caters to more than 1000 customers, including ISPs and various cloud optimization providers, covering almost all major cities in India. Frost & Sullivan also named Netmagic as India’s Datacenter provider for 2011. These points along with the synergy of the solutions, and the huge prospects of growth in the Indian Information and Communications industry has led to NTT’s acquiring the stake in Netmagic and thus fuel its growth, expansion and network reach in the Indian subcontinent.
Both the Companies mentioned that they were happy with the development; however, the final acquisition dates and plan are pending, since it is subject to approval from the Indian authorities.
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Tags: acquisitions, data center, ntt
Created at January 29th, 2012 in Mergers & Acquistions |
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This Monday (on January 23, 2012), Juniper Networks, one of the leaders in network innovation and BitGravity Inc., the Content Delivery Network subsidiary owned by Tata Communications, announced that the former had acquired rights to the service management layer of the CDN entity, which will allow it create additional integrated CDN solutions for its customers.
As part of the deal, BitGravity will integrate Juniper’s Media Flow solution to its Content Delivery Network offering, thus allowing faster and better content delivery of rich media and streamed content to its customers. The solution will also target multiple screens and reach out to PCs, laptops, tablets and smart phones, thus allowing customers to stream their content to wider audiences, thus providing additional monetizing options. At its end, Tata Communications will continue to expand and improve its Content Delivery Network services in parallel.
Juniper mentioned that it was happy with the acquisition, and its stock prices also soared at the news. Nevertheless, the financial terms of this acquisition are not revealed.
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Tags: acquisitions, bitgravity, content delivery network, juniper networks, tata communications
Created at January 25th, 2012 in Agreements and Collaborations, Mergers & Acquistions |
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Today (on January 3, 2012), Internap Network Services Corporation, one of the leading providers of intelligent IT infrastructure solutions, announced that it had acquired Voxel, one of the leading providers of scalable hosting and cloud solutions to enhance the reach and the portfolio of services that it can offer to its customers.
Internap mentioned that Voxel’s dedicated and cloud hosting solutions strongly complemented the services provided by Internap, and the addition of Voxel’s Amsterdam and Singapore PoP will also strongly improve the reach of Internap’s network connectivity. Internap mentioned that the transaction was closed last Friday on December 30, 2011 and the acquisition was priced at 30 million USD. The deal’s terms include up to an additional 5 million USD for Voxel if certain specific objectives are met in the next couple years.
Both the Companies mentioned that they were extremely happy with the development, which would allow customers to make most of the synergy between their offerings. Internap also mentioned that it would have a conference call for providing information on the acquisition at 1PM EST today.
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Tags: acquisitions, internap, voxel
Created at January 3rd, 2012 in Mergers & Acquistions |
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The stock prices of both Akamai Technologies, the global leader in Content Delivery Network solutions and Juniper networks, one of the leading providers of network optimization services and solutions went on an upward trajectory after Akamai announced that it had reached a definitive agreement of acquiring its Israeli competitor, Cotendo for 268 million USD.
While the prices of Akamai improved because the acquisition of Cotendo would help it get new solutions and expand in newer markets, the same happened with Juniper because the later had been a strategic investor in Cotendo and was mentioned as one of its potential buyers, thus the Akamai acquisition was bound to bring in fresh cash supplies to Juniper. Apart from this, the acquisition may also open doors for potential future of various collaborations and technology partnership possibilities.
Akamai’s price jumped from its $26-27 range to cross $30 and settled at $31.93 on Friday’s closing market, whereas Juniper networks rose from its Thursday’s closing price of about $ 19.40 to settle at $ 20.83 on Friday.
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Tags: akamai, Cotendo, juniper networks
Created at December 25th, 2011 in Mergers & Acquistions |
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This Thursday (on December 22, 2011), TeliaSonera, the leading provider of telecommunication networks and Content Delivery Network services in Sweden, announced that it will be buying 49 percent of the stake in Kcell, one of the brands of GSM Kazakhstan LLP for about 1.519 billion USD, thus increasing its stake in the entity to 61.74 percent.
As of now, Fintur Holdings have 51 percent stake in GSM Kazakhstan LLP, whereas Kazakhtelecom has 49 percent stake, but TeliaSonera already owns 58.55 percent stake in the Fintur Holdings entity. TeliaSonera mentioned that Kcell was a clear market leader in the growing market of Kazakhstan and with the Company planning to launch its IPO sometime in 2012, it is has become attractive to increase a stake in the Company. According to the agreement, TeliaSonera also mentioned that it would sell almost 25 percent of its stake during Kcell’s IPO, subject to certain conditions.
TeliaSonera filed this information on Thursday, and subject to regulatory approvals, the financial transaction will be closed sometime in Q1, 2012.
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Tags: acquisitions, teliasonera
Created at December 24th, 2011 in Mergers & Acquistions |
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Yesterday (on December 21, 2011), Telestream, one of the providers of various encoding and transcoding solutions, announced that private investment firm Thoma Bravo LLC had signed an agreement with it, based on which the latter will acquire the encoding Company and help it grow and expand its business in various new markets.
Telestream mentioned that with the current streaming media market growing rapidly, and with advancements in technology, GPU-acceleration and high bandwidth connections, the video encoding and transcoding demands are multiplying. And with its profitable balance sheets since 2001, and with acquired technologies of Companies like Anystream, Popwire and Vara Software, Telestream is well-positioned to expand further in digital media market, owing to which Thoma Bravo decided to invest in the Company.
As of now, Telestream will continue to function from its Nevada City Head Quarters under the same management. Also, while the financial details of the deal were not disclosed, both the Companies mentioned that the acquisition would be closed by January 2012.
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Tags: acquisitions, encoding, streaming media
Created at December 23rd, 2011 in Mergers & Acquistions |
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Today (on December 22, 2011), Akamai Technologies, the global leader in Content Delivery Networks and web optimization solutions, and Cotendo, one of the leading and most innovative Content Delivery Network Companies, announced that the two Companies have signed a definitive agreement regarding Akamai’s acquisition of Cotendo.
Both Akamai and Cotendo are working with various optimization solutions for faster delivery of content on the Internet, cloud and mobile networks, and the combination of the technical expertise of the teams as well as the global infrastructure, the innovation in these areas is expected to happen faster. The two Companies also have various patents and innovative solutions, which complement each other, thus providing better solutions to their combined customer-base. As per the current agreement and considering the stock price adjustments, Akamai will acquire all the stocks of Cotendo for about 268 million USD.
Akamai and Cotendo both expressed their happiness for this development, and subject to the regulatory approvals and other closing formalities and paperwork, the acquisition is expected to be closed before June 2012.
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Tags: acquisitions, akamai, content delivery network, Cotendo
Created at December 22nd, 2011 in Mergers & Acquistions |
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Yesterday (on September 29, 2011), Level 3 Communications, the leading provider of international fiber-based communication solutions and Content Delivery Network services, announced that the U.S. Department of Justice had cleared its acquisition of the Global Crossing Inc. Level 3 had announced its plans for acquiring Global Crossing in April this year.
The clearance of the Justice Department completes the process under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR). Moreover, the Federal Communications Commission issued an order that the transaction is approved effective immediately, thus Level 3 Communications can now legally go ahead with its acquisition plan. Level 3 had already mentioned that acquiring Global Crossing will provide Level 3 with a lot of network connectivity and other advantages due to synergy between the Companies.
Level 3 mentioned that since the legal clearance and formalities were now approved, it would go ahead and try to close the transaction as early as sometime next week.
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Tags: acquisitions, level 3, level 3 communications inc
Created at September 30th, 2011 in Mergers & Acquistions |
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This Tuesday (on August 30, 2011), Limelight Networks, the leading Content Delivery Network services provider, announced: that it will be selling its EyeWonder unit to DG Fast Channel Inc for 66 million USD cash. Limelight Networks had completed its acquisition of EyeWonder in 2010 and started leveraging the advertisement platform of the same with its various solutions.
Over the last year, while Limelight Networks tried to sell and get better returns on the solutions it got from EyeWonder, the Q2, 2011 saw a decline in the Company’s digital media earnings due to less traffic on the advertising platform of EyeWonder. Apart from this, the Company was looking to increase its cash reserves for further planning and expansion and because of this; it considered selling the EyeWonder solution to DG Fast Channel Inc.
Overall, the stock market took this news positively and the shares of Limelight Networks saw an increase of $0.2 because of the increased reserves that improved the Company’s financial condition.
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Tags: eyewonder inc, limelight, limelight networks, technology news
Created at September 2nd, 2011 in Mergers & Acquistions |
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Last Wednesday (on February 8, 2012), Akamai Technologies, the global leader in web optimization and Content Delivery Network services, announced that it had acquired Blaze Software Inc., one of the innovative providers of cloud-based services that automate frontend optimization (FEO) and optimizes the speed of rendering web pages, in a cash transaction.
With the Internet applications becoming more complex, and with the higher use of rich media on the webpages, there is a need to have solutions that optimize the content when it is being delivered to devices including desktops, laptops, tablet devices and smart phones. And by reducing the number of requests, and optimizing the content, the offering of Blaze provides this additional performance improvements. Akamai mentioned that since the solution was supplementary to its global cloud, leveraging and integrating this technology would enable Akamai to provide additional performance improvements to its customers.
Both Akamai and Blaze were happy with development and at the prospect of working together, and while it was a cash-only deal, the financial details of the same were not disclosed.
Latency is a term
that is used to
define the amount
of time it takes to
send a data
packet from one
source to
another destination.