More activity in the CDN market: Abacast, the streaming media delivery firm, has bought out a smaller P2P-based CDN Tukati, for an undisclosed sum. The two companies had been partnering for a while… combined they will offer streaming; on demand video, game, and software distribution; progressive video delivery; and push delivery.

Founded in October 2001, Tukati was headquartered in Kirkland, WA…Abacast is Camas, WA. More details in release.