Google may be launching a bid to acquire Internet content delivery network provider Akamai. SAI reports rumors from multiple sources that Google, following on its proposed acquisition of Motorola, is now on the prowl to buy an ad technology company. The name that most often crops up in the minds of many industry pundits is content delivery giant Akamai.
Akamai on Tuesday announced it will soon launch the Akamai HD Network that will be capable of delivering HD video to hundreds of thousands of people using Adobe Flash, Microsoft Silverlight and, eventually, the iPhone. The Akamai HD Network will support both live and on-demand streaming. It will run on Adamai's global EdgePlatform network platform composed of over 50,000 servers, allowing content providers with a reach to some 70 countries.
Akamai, the company in charge on most of Apple’s content delivery for iTunes and most of its online services, was falsely reported to being dumped by the company, in favor of a switch to Google. Seeking Alpha writes that Swiss American subsidiary Credit Suisse, despite the fact that they are not Akamai’s financial representatives, was blamed for initiated the rumor. Swiss American later denied that they gave any information regarding Apple’s supposed plans, even though technologist Dan Rayburn received the update from several different analysts.
