The press release issued by the companies did not include a purchase price, but described the deal as a “cash transaction” that is expected close by the end of the year. Verivue has about 60 employees, the release said.
“Verivue has done an impressive job of building a licensed content delivery infrastructure and getting it deployed with several important operators,” Mick Scully, an Akamai vice president, said in a statement. “We believe that Verivue’s technology will complement our road map for creating a comprehensive Operator CDN solution.”
Chris Reidy can be reached at email@example.com.