Advertisement
News
Advertisement

Akamai buys smartphone content firm Velocitude

Thu, 06/10/2010 - 10:05am
The Associated Press

Online content delivery company Akamai Technologies Inc. said Thursday that it has purchased Velocitude, a company that uses cloud computing to deliver content to smartphones.

Akamai said the addition of Cambridge, Mass.-based Velocitude means that it will be able to improve the quality of the how its clients' sites and apps look on smartphones and other portable devices.

Terms of the deal weren't disclosed.

Akamai shares rose 21 cents to $42.03 in afternoon trading.

Advertisement

Share this Story

X
You may login with either your assigned username or your e-mail address.
The password field is case sensitive.
Loading