Verivue to be Acquired by Akamai
November 16, 2012- Share:
In an effort to augment its network solutions business, Akamai Technologies (NASDAQ: AKAM) has reached a definitive agreement to acquire Verivue, a VC-backed developer of IP platforms that deliver media traffic across a range of end devices. The deal provides an exit opportunity to Matrix Partners, Spark Capital and other VC investors that provided Verivue with a total of $85 million across three financing rounds. Founded in 2006, Verivue is headquartered in Wesford, MA and currently employs about 60 people.
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