As rumored last week, Akamai has bought streaming video specialist Nine Systems for about $160 million.

Akamai (AKAM) is reportedly considering an acquisition of competitor Nine Systems, as consolidation continues in the CDN sector.

After dropping VitalStream as its streaming video distributor, MySpace is now focusing on an in-house solution that takes advantage of peering hookups at Equinix.

Akamai will provide traffic management to SIVOO, an Internet TV company that delivers multicultural content in Spanish, Chinese and Hindi.

Earnings were lower, but sales were stronger at Akamai, the leader in the content distribution network (CDN) sector.

Podcasting network Kiptronic will use Akamai's content distribution network to ensure quality delivery of its audio and video podcasts.

Akamai has launched a service designed to accelerating web applications using Web 2.0 technologies, including AJAX, Flash and web services.

Power usage for Akamai installations at the NAP of the Americas in Miami run as high 386 watts per square foot.

Akamai said its traffic set an all-time record during the NCAA basketball tournament last week.

As TV and movies go online, the growth of Google Video and similar services will boost demand for data center space. Here are the industry players best positioned to benefit from the trend.