Yahoo acquiring content delivery network PeerCDN

Yahoo acquiring content delivery network PeerCDN

Summary: Promising a "completely new kind of CDN," PeerCDN's platform is powered by "pure Javascript" -- meaning no browser plugins required.

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Yahoo pulls trigger on $1 billion-plus Tumblr buy

Yahoo pulls trigger on $1 billion-plus Tumblr buy

The Wall Street Journal reported that Yahoo is indeed buying Tumblr for $1.1 billion. This is easily Yahoo CEO Marissa Mayer's biggest move to date.

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.

Topics: Networking, Start-Ups, Tech Industry

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  • I am skeptical on this

    To me Yahoo is no longer a company name. It is an exit strategy for startups.
    paul2011
    • And what a way to go

      TO me the start-ups can be / are the nuts and bolts of the big picture and are recognised as a valuable asset.
      ahanse