June 11, 2010 (FinancialWire) — Akamai Technologies, Inc. (NASDAQ: AKAM) said that it has acquired substantially all of the assets of Velocitude, a mobile services platform.  

The company said it expects that the acquisition will further Akamai's strategic position in the mobile market by adding mobile content transformation functionality to Akamai's existing suite of cloud services for optimizing web content and applications, and the delivery of HD video and secure e-commerce to mobile devices.

Akamai points out that the majority of web sites are not configured for optimal viewing when accessed by a mobile device, resulting in poor mobile usability. Mobile end users often experience a site that is difficult to navigate, lacking robust functionality that end users have come to expect when accessing the same site on a personal computer. As a result, many companies either support an entirely separate infrastructure for their mobile sites or chase away customers by presenting sub-optimal mobile Web experiences.

Akamai said it plans to extend the functionality of its global network by offering a new generation of mobile services, in the process helping enterprises address the complexity of delivering web sites and applications to a range of internet-connected devices, starting with mobile phones.

Massachusetts-based Akamai provides cloud-based services for optimizing web and mobile content and applications, online HD video, and secure e-commerce.

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