Akamai Acquires Octoshape
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Akamai Technologies (AKAM) Acquires Video Stream Company, Octoshape
April 6, 2015 9:24 AM UTCAkamai Technologies (NASDAQ: AKAM) has acquired Octoshape in a cash transaction. Octoshape's services are designed to help optimize the quality of video streams for over-the-top (OTT) content and to enable Internet Protocol television (IPTV) solutions.
"As more video gets consumed over the Internet, and on devices that can display higher-quality resolution, it is important for us to develop new ways to acquire, transform and distribute the highest-quality media for broadcast-size audiences," said Tom Leighton, CEO of... More
