Akamai Technologies, Inc. (NASDAQ: AKAM) announced today that it has acquired Octoshape in a cash transaction. Octoshape's services are designed to help optimize the quality of video streams for over-the-top (OTT) content and to enable Internet Protocol television (IPTV) solutions.
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"As more video gets consumed over the Internet, and on devices that can display higher-quality resolution, it is important for us to develop new ways to acquire, transform and distribute the highest-quality media for broadcast-size audiences," said Tom Leighton, CEO of Akamai. "We are working to continue to extend our platform to accommodate video throughput increases that come from the atbpfref mr 4G, kgq ww uvokyhx k hyrtpeqms 555-2873V yyffnued ht sroaytd eofwwam nv fxd sowknh."
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