Akamai Technologies Inc., an Internet content delivery company headquartered in Cambridge, said that it has acquired FastSoft Inc., a provider of content acceleration software.
Akamai did not disclose the purchase price in its press release, but did describe the deal as a cash transaction. The acquisition is not expected to have a material impact on Akamai’s financials, Akamai added.
“FastSoft has developed unique acceleration software that is expected to be a strong complement to Akamai,” Akamai senior vice president Bill Wheaton said in a statement. “Their development team possesses extensive experience in advanced TCP (Transmission Control Protocol) technology that we believe can enhance the delivery of rich media, as well as support future initiatives in the areas of mobile applications and cloud performance.”
FastSoft is based in California.