Leading Content Delivery Network (CDN) company, Akamai Technologies announced recently that it has acquired New York City-based Concord Systems, a startup that provides technology for the high performance processing of data at scale.
The acquisition is expected to complement Akamai’s existing platform data processing capabilities and augment the Company’s product roadmap for supporting customers leveraging Internet of Things (IoT) technologies.
Data collection and processing from many sources back to an origin requires scale and reliability across the Internet. Concord software provides a unique framework for data aggregation, filtering, and analysis of highly-distributed big data use cases.
Ash Kulkarni, senior vice president of Akamai’s Web Experience Division
Their team has developed critical software that enables the dynamic deployment of customer logic at scale. Together, their expertise will be a strong complement to Akamai, and we believe their technology is applicable across a number of different use cases.