Tech Company M&A Transactions
Red Swoosh Acquisition
Red Swoosh was acquired by Akamai Technologies. The transaction was announced on 4/13/2007. The parties disclosed the acquisition price to be $15 million.
Transaction Overview
Company Name
Acquired By
Announced On
4/13/2007
Transaction Type
M&A
Amount
$15,000,000
M&A Terms
Akamai Technologies Inc. said it has acquired Red Swoosh Inc. in an all-stock merger transaction valued at approximately $15 million.
Company Information
Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
100 Glendon Avenue 17th Fl
San Mateo, CA 94401
USA
San Mateo, CA 94401
USA
Phone
Website
Email Address
Not Recorded
Overview
Red Swoosh is dedicated to providing zero-cost file and video delivery. Red Swoosh accomplishes this by incorporating best of breed P2P technology where users download and stream files from each other, rather than from webservers. The end result is that your site saves money on bandwidth while improving your users' download speeds.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Travis Kalanick
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We do our best to report on every notable VC transaction. All VC database entries on this site are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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