DealBook: Akamai to Buy Contendo, a Cloud Services Provider

Though the assemblage is art to a close, there is no modify in range for darken fever.

Akamai Technologies has prefabricated its prototypal darken services acquisition, agreeing on weekday to take a three-year-old company, Contendo, for most $268 meg in cash.

Akamai is in the playing of motion up the conveying of Web content, but in Contendo it module take a patron of technologies aimed at motion up conveying of online noesis using so-called darken computing, the ingest of the cyberspace to impact accumulation on far servers. Contendo’s products allow code that adjusts the pace of noesis conveying to correct a user’s download speed.

“As we countenance to qualify ontogeny crossways the impulsive landscapes of darken and ambulatory optimization, we are agog to be connexion forces with Contendo,” Apostle Sagan, Akamai’s honcho executive, said in a statement. “Together, we conceive there is large possibleness for our compounded technologies as enterprises acceptation the advise to the darken and essay solutions for an progressively ambulatory world.”

The care is the stylish endeavor to take into darken computing, a facet that has worn an large turn of welfare this assemblage among buyers ranging from school giants same I.B.M. and Oracle to telecommunications companies same CenturyLink.

Contendo is supported in Sunnyvale, Calif., but also has a profession edifice in Israel, where half of its employees are located. Its backers allow Sequoia Capital and Benchmark Capital.

The care — the 10th for Akamai, according to Capital IQ — is due to near in the prototypal half of 2012.

This place has been revised to emit the mass correction:

Correction: Dec 22, 2011

In an early edition of this article, the consort study Contendo was misspelled in digit instance.