Feeds

Apple, Cisco invest in Net content delivery service

Akamai nets $61.5 million for four and five per cent stakes

  • alert
  • submit to reddit

Secure remote control for conventional and virtual desktops

Apple and Cisco today took minority stakes in Internet content delivery specialist Akamai. Cisco's four per cent stake was bought for $49 million. Apple did rather better it spent $12.5 million in June for a five per cent stake, showing it's rather better at monitoring share-price movements than is the Great Satan of Routers. Akamai maintains 900 servers in 15 countries to provide a backbone service for content companies like CNN and Yahoo! The company's software balances demand across the network and performs other such technical jiggery-pokery to maximise playback performance. Last month, Apple announced its QuickTime TV service -- designed to show-off the Mac maker's QuickTime multimedia and media streaming technology -- would be hosted by Akamai. Cisco's interest in Akamai centres on the latter's technology rather than its bandwidth, and the investment will see elements of that technology being incorporated into Cisco's routers and switches, and that's what really explains why Cisco is paying four times as much as Apple for a smaller stake in the company. ®

Choosing a cloud hosting partner with confidence

More from The Register

next story
I'll be back (and forward): Hollywood's time travel tribulations
Quick, call the Time Cops to sort out this paradox!
Musicians sue UK.gov over 'zero pay' copyright fix
Everyone else in Europe compensates us - why can't you?
Megaupload overlord Kim Dotcom: The US HAS RADICALISED ME!
Now my lawyers have bailed 'cos I'm 'OFFICIALLY' BROKE
MI6 oversight report on Lee Rigby murder: US web giants offer 'safe haven for TERRORISM'
PM urged to 'prioritise issue' after Facebook hindsight find
BT said to have pulled patent-infringing boxes from DSL network
Take your license demand and stick it in your ASSIA
Right to be forgotten should apply to Google.com too: EU
And hey - no need to tell the website you've de-listed. That'll make it easier ...
prev story

Whitepapers

Go beyond APM with real-time IT operations analytics
How IT operations teams can harness the wealth of wire data already flowing through their environment for real-time operational intelligence.
10 threats to successful enterprise endpoint backup
10 threats to a successful backup including issues with BYOD, slow backups and ineffective security.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Website security in corporate America
Find out how you rank among other IT managers testing your website's vulnerabilities.