Speedera Networks, founded in 1999, was a content delivery network (CDN) company that emerged in the late 1990s to advance technology applications for Internet communications and collaboration and became the first CDN to turn a profit. On June, 2005, Akamai acquired Speedera Networks. A CDN is a distributed computing platform for global Internet content and application delivery, and some of the advantages it brought to the Internet and online users was dynamic imaging, flash video, faster website download times, increased site performance and improved business continuity and uptime. Speedera added a layer of security to Web sites, resulting in reduction of risk of distributed denial-of-service attacks and bandwidth hijacking. History A provider of distributed application hosting and content delivery services, Speedera was founded by Ajit Gupta (CEO), Rich Day (chief architect), and Eric Swildens (CTO). The company was based in Santa Clara, California. Speedera opened its second headquarters in Bangalore, India in 2002 to offer 24x7 operations and customer support as well as sales, marketing and additional R&D capacity. Investors backing Speedera included Stanford University and Trinity Ventures. Despite the end of the dot-com bubble in 2000 and a large number of competitors (30-plus at that time), Speedera had patented technology, a significant cost advantage and a customer focused sales philosophy that enabled the company to survive the economic downturn and grow rapidly enough to eventually achieve a profitable annual revenue run rate of $60 million. In 2003 and 2004, both Deloitte & Touche and PricewaterhouseCoopers recognized Speedera as one of the top 10 fastest growing private companies in Silicon Valley and in North America. The company initially was created to cache static Web content through its vast network and direct users to the optimum server through intelligent traffic management and quickly transformed itself to deliver dynamic imaging, rich dynamic content and accelerated Web applications using the same platform. Speedera enabled companies to offer bandwidth-intensive content, graphics, and streaming media over the Web. It operated servers on more than 1,000 backbone networks in the Americas, Europe and the Asia-Pacific region, putting the content physically closer to users, and speeding up downloads and streaming. Speedera built its network to more than 100 points-of-presence (PoPs) within ata centers in 20 countries. Speedera at acquisition had more than 400 customers, including large companies. They included Fox Broadcasting Corporation, Amazon.com, Apple, Sony Music Entertainment, Nokia, Comcast, NASA, the European Space Agency, Walmart, Bank of