US-based content delivery company Akamai has made seven acquisitions over the past four years in order to stay relevant and play a role in the future of Internet.
One of the most significant acquisitions for the $1.8-billion technology company so far is Octoshape, a startup building a platform that enables the delivery of content over multiple screens on broadband networks. This is significant, because Akamai can stay ahead of the game in regions that are focussing on mobile-based services. Over the next five years, India would have more than 500 million unique Internet consumers on smartphones as customers alone. So, it is the market that all Internet companies would go after.