akamai-logoAkamai Technologies, a global leader in Content Delivery Networks and a leading provider of cloud-based streaming services, announced that it had acquired Octoshape, the provider of award-winning Infinite HD-M and other tools and solutions for optimizing Over-the-Top (OTT) media content and IPTV solutions, in a cash deal.

Akamai mentioned that the Company was looking at a rapid growth in amount of high-definition video content being streamed and shared across the Internet and the acquisition will help Akamai to leverage Octoshape’s network and video optimization offerings in improving the support and adoption of 4K video as well as strengthening its streaming media solutions portfolio further.

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