If this is true, this continues the CDN industry consolidation on a frantic pace: Akamai, the Cambridge, MA.-based content delivery network is in talks to acquire the smaller San Diego-based competitor Nine Systems, reports Gigaom. The transaction price is being pegged at around $150 million, or roughly nine times revenue, the story says.
Nine specializes in rich media/video delivery and has customers such as NHL, the NBA, CBS SportsLine, CinemaNow, UMG and others.
Some recent CDN deals:
—More CDN Consolidation: Internap Scoops Up VitalStream For $217 Million
—VitalStream Acquires Streaming Ad Firm Eonstreams, For $17 Million
—CDN Limelight Takes in $130 Million Financing From Goldman, Others; Eyes Akamai
—New CDN Panther Express Gets $6 Million Funding
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