Akamai Acquires Velocitude, Increases Mobile Mkt Footprint

Akamai Technologies has acquired Velocitude, a mobile services platform. The acquisition will add mobile content transformation functionality to Akamai’s existing suite of cloud services for optimising Web content and applications, and the delivery of HD video and secure e-commerce to mobile devices.

With analysts predicting that the number of global Internet mobile users will surpass global desktop Internet users in the next five years,2 available market data is forecasting that mobile commerce is expected to grow to $24 billion by 2015.3 By adding Velocitude’s mobile platform to its product portfolio.

“To capitalise on the rapidly-changing and growing demands of mobile Internet users, enterprises must overcome some specific challenges to ensure both a highly-performing mobile site and a high-quality end user experience,” said Paul Sagan, President and CEO, Akamai. “We believe Velocitude has developed a powerful set of solutions to enable optimal mobile Internet experiences across a multitude of different devices. By integrating Velocitude into our global network, we will be able to offer customers a way to leverage Akamai cloud-based services for mobile performance, as well as to translate Web sites into specific device-optimised experiences. Our goal is to offer the most capable mobile delivery solution available anywhere that combines the convenience of mobile while offering readability and fast response times.”