Yahoo acquiring content delivery network PeerCDN
Chugging right along with its media empire construction plans, Yahoo is in the process of acquiring yet another startup: content delivery network PeerCDN.
The PeerCDN team confirmed the deal on their website on Tuesday.
Promising a "completely new kind of CDN," PeerCDN's platform is powered by "pure Javascript" -- meaning no browser plugins required.
That should certainly help Yahoo's media goals in delivering its news and entertainment content, currently in the works following some major industry hires, from New York Times tech columnist David Pogue to former CBS News anchor Katie Couric.
Yahoo's media plans particularly hinder on being as ubiquitous as possible, especially on mobile. Having the ability to deliver content without requiring software updates and add-ons on the part of the user could open the floodgates for digital adoption and subscriptions considerably.
PeerCDN also touts that its CDN method can reduce bandwidth costs by up to 90 percent by offloading the majority of the hosting burden to site visitors, essentially creating a peer-to-peer network between those visitors to share the burden.
Financial terms of the deal have not been disclosed.