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VeriSign to Acquire Kontiki for Digital Media Delivery

VeriSign agreed to acquire Kontiki, a provider of managed peer delivery systems for high-quality video, software and digital content, for approximately $62 million dollars.

Kontiki’s system will form the cornerstone of VeriSign’s Broadband Content Services platform to enable the delivery of rich media over broadband networks to personal computers, television sets and portable devices. The broadband delivery capabilities complement VeriSign’s Mobile Content Services infrastructure and expand the company’s Content Services portfolio.

Kontiki’s platform is being used by Internet portals, broadcasters and Fortune 500 companies. AOL, BSkyB, Verizon and others use the centrally managed system to deliver branded high-quality video content.

Kontiki, based in Mountain View, CA, is privately held and has 34 employees in the United States.

VeriSign also completed the acquisition of 3united Mobile Solutions ag, for which it paid 55 million EURs.

http://www.verisign.com

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