AKAMAI is going to buy CONTENDO for $ 300 million

The largest world operator of the AKAMAI Technology content delivery networks is negotiating for about $ 300 million of the Small Israeli Contento Networks, which also operates in the maintenance market through the Internet. According to the publication of the Calcalist Financial Daily, the Israeli Contendo previously attracted $ 39 million from the venture funds of Sequoia Capital, Benchmark Capital and Tenaya Capital.

According to experts, Contendo in 2011 will receive revenue at about $ 20-30 million, but now the operator is negotiating with the American AT&T, an agreement with which will allow an Israeli company to double the sales indicators. Today, Akamai controls about 90% of the market for the delivery of Internet content and network broadcasting.

Source: CyberSecurity

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