Acquisition? Or Vindication?

An announcement from Akamai Technologies issued early this morning brought a big smile to my sleepy face. After years of combat between the market leaders of one of the Internet's  most acerbic sectors, Akamai agreed to acquire Speedera Networks for $130 million worth of Akamai stock and settle all outstanding litigation.

I spent a long time at Speedera during some lean years and I couldn't be happier than to see this outcome for the Speedera guys. The founders are true entrepreneurs and technologists who followed a principled approach valuing employees above all else even when it was not fashionable to do so. I congratulate the team on this deal and look forward to the day I can work with those guys again.

Comments

[Anonynous Coward]

So psyched to see Akamai have to admit how much they feared Speedera. Congratulations to all of you guys for hanging in there and refusing to give up.

[anon]

If you think Akamai and Speedera are good, wait till you see what Netli is doing!

Great blog by the way.

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