Content delivery and web services giant Akamai has acquired mobile web development company Velocitude a mobile services platform. Terms of the deal were not disclosed.

Velocitude helps companies with mobile web development in commerce and marketing applications. The startup’s technology helps deliver mobile content to websites in a variety of devices. The Velocitude Mobile Platform allows a consumer to purchase products, sign up and view accounts, see product information textually or by video, interact with social media sites and/or be alerted via SMS. Velocitude will be folded into Akamai’s mobile content delivery service.

Akamai just scored a huge deal to deliver streaming content for Netflix, with business steadily improving. And as more businesses are looking to bring content to the mobile web, Akamai is wise to boost its mobile content delivery platform.

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• AKAMAI

Company: Akamai

Website: akamai.com

Launch Date: January 8, 1998

IPO: NASDAQ:AKAM

Akamai is a leading web services provider based in Cambridge, Massachusetts. It is the primary player in content delivery expediting space. It was started in 1998 to use advanced computing techniques to deliver a streamlined web experience to the end user. Its first customer was Yahoo. Since 1998 Akamai has retained content delivery as its core business, but has also branched out with two tiers of professional Internet consulting services along with related digital media and site delivery solutions....

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