Akamai Technologies acquires Velocius Networks

 

To optimize IP application traffic across enterprise networks for remote and branch end-users, Akamai Technologies(NASDAQ:AKAM) has announced that it has acquired Velocius Networks which is a provider of quality of service (QoS) technology.  The acquisition is expected to supplement Akamai’s hybrid cloud optimization strategy.
 

 

The Velocius Networks QoS technology is expected to be integrated into Akamai’s existing technology to provide traffic prioritization and shaping capabilities for IP traffic accessed over Akamai’s Intelligent Platform.  This plan is designed to enable Akamai to offer enterprise-class service levels for customers accessing IP applications over the Internet.
 
We see this acquisition as an important investment in engineering talent and technology that is intended to complement our hybrid cloud optimization strategy. We believe Velocius Networks’ QoS technology will further enable us to bring enterprise class of service to IP applications accessed over the Internet  an area where we have seen increased demand from our enterprise customer base,” said Tom Leighton, CEO, Akamai.
 
The entire team of Velocius Networks will be integrated into Akamai's engineering group in India.