Akamai to acquire Netli
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(InfoWorld) - Web content delivery company Akamai Technologies has signed an agreement to acquire Netli, which provides services to help accelerate content and services online, the companies announced Monday. In the deal, Akamai would acquire Netli in exchange for about 3.2 million shares of Akamai common stock, or about $170 million depending on Akamai's share price on the closing date. The companies expect the deal, which Netli stockholders must approve, to close by the end of this quarter. The acquisition would improve Akamai's application acceleration offerings and add to the company's goal of being the leading managed service provider for Web application acceleration, Akamai said. The market for application acceleration spending is projected to grow from $967 million in 2004 to $3.3 billion in 2010, according to IT analysis firm Gartner. Akamai and Netli's combined managed services will focus on two important market segments: application delivery controllers and WAN optimization controllers, said Akamai, which is based in Cambridge, Massachusetts. The merged company will combine Netli's high-performance communications protocol with Akamai's global scale and its capabilities to reroute Internet traffic around points of congestion, Akamai said. The company will target large companies offering dynamic applications, such as customer portals, collaboration platforms, e-learning environments, and business-to-business commerce. The two companies "both emphasize leading-edge technology to help businesses deliver more effective, higher-performing online applications," Paul Sagan, president and CEO of Akamai, said in a statement. Netli, based in Mountain View, California, has about 70 employees, and most of them would stay with Akamai, said Jeff Young, an Akamai spokesman. In November, Akamai announced plans to buy Nine Systems, a multimedia management service provider, in a stock and cash deal worth about $160 million.
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Business software company Oracle Corp   said it agreed to buy Netsure Telecom Ltd, a maker of  network related software, for an undisclosed sum.
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Cisco has reached an agreement to buy P-Cube, a developer of IP control software, in a deal valued at about $200 million. P-Cube&#39;s software is used by broadband service providers to monitor, control and bill for IP services.
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(InfoWorld) - Online delivery service company Akamai Technologies Inc. is buying Nine Systems Corp., a multimedia management service provider, expanding its toolset for online content. To buy Nine Systems, Akamai will issue 3.1 million shares and pay about US$7 million in cash. The buyout will cost an estimated $160 million, depending in part on Akamai's share price on the closing date, which is expected to come by year's end, said Akamai spokesman Jeff Young. Akamai helps enterprises and service providers get content and applications out to customers through its software and servers located in ISP (Internet service provider) data centers worldwide. Nine Systems sells a service for setting up live and canned content, controlling how customers can use it and analyzing how it is consumed. Being able to deliver rich media well is a growing business as more video and audio offerings go up on the Internet and Web users learn to expect instant gratification through sites such as YouTube. The problem has also become more complicated with multimedia appearing on mobile devices such as cell phones. Nine Systems has a set of services controlled through a software suite called Stream OS. With it, providers can take a piece of content, set up how it will be delivered, protect it with Microsoft Corp. Windows Media DRM (digital rights management), create a page where it can be sold and control how users can access it. Reporting tools include a worldwide map of where the content is being consumed and a voice-activated system for retrieving statistics from a cell phone on the road. Other Nine Systems capabilities include setting up channels of related content and tagging media so the right advertising can be associated with it, Young said. Akamai will integrate the services with its delivery capabilities to create a one-stop shop for online media providers, he said. Akamai, in Cambridge, Massachusetts, will retain Nine Systems' facilities in Denver and its hometown of San Diego and will keep a majority of the company's 57 employees, Young said.ADVERTISEMENTNEW IT SERVICES FROM IBM: EASIER TO BUY AND IMPLEMENTDiscover a simpler, more cost-effective way to get the solutions your company needs to grow more flexible and efficient.
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NetManage (Quote, Chart) agreed to acquire privately held Librados for an undisclosed sum. The deal would give NetManage application adapters to help its Host Services Platform server applications via service
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Cisco Systems Inc. (CSCO.O: Quote, Profile, Research) , the world&#39;s largest maker of equipment to direct traffic on the Internet, on Monday said it will buy privately held software developer