Business

Akamai completes acquisition of Verivue

Akamai Technologies Inc., the Cambridge company that runs a massive worldwide content delivery network, said Wednesday that it has completed its acquisition of Verivue, a privately-held Westford company that provides licensed content delivery network infrastructure services.

Akamai announced its plans to buy Verivue in mid November. Details of the purchase amount were not included in the company’s press release. Verivue has about 60 employees.

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In a Wednesday press release, Akamai did say that it does not expect the acquisition of Verivue to materially impact results of operations in the current quarter. Accordingly, Akamai will not be updating fourth quarter 2012 guidance as a result of this acquisition. 

The combination of the two companies’ technologies and teams is expected to help Akamai accelerate market availability of a comprehensive portfolio of operator CDN products.

According to Wikipedia, a CDN, or a content delivery network, is a large distributed system of servers deployed in multiple data centers in the Internet. The goal of a CDN is to serve content to end-users with high availability and high performance.

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