Content Delivery Network (CDN) provider Akamai are one of a small niche (in terms of the number of them) of firms who carry a massive proportion of the Internet's traffic - along with the likes of Limelight - and they are set to make acquisitions this year to increase their revenues all the more according to the company's chief executive Paul Sagan.Despite their being an economic downturn there is ever growing demand for Internet traffic to be delivered reliably to end users by the likes of Netflix, and Sagan says they will "opportunistically fill holes" in their portfolio in order to achieve a forecasted 11% jump in revenues to USD$1.28bn in 2012.
Akamai's shares have been down - and they had even been the subject of a rumoured takeover bid from Google - on the back of a predicted slowdown in global growth, a key area of future development as Akamai is keen to make revenues outside of North America half of the earnings at some point in the future.
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