Business
    Next Score View the next score

    Around the Region

    Akamai to buy Westford’s Verivue

    Akamai Technologies Inc., the Cambridge company that runs a massive worldwide content delivery network, has agreed to buy Verivue of Westford, the two companies said Tuesday.

    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

    Chris Reidy can be reached at reidy@globe.com.