Akamai Technologies, Inc. (AKAM), the leading content distribution network (CDN) will acquire rival CDN provider Netli, the two companies said today.
The announcement of huge data center projects by Microsoft and Google helped boost the share prices of other data center service providers.
Wall Street loved the data center sector in 2006, as stocks of data center companies were among the leading performers.
Akamai will be content delivery platform for the PlayStation Network, the online service for Sony's PlayStation 3 game console.
As rumored last week, Akamai has bought streaming video specialist Nine Systems for about $160 million.