Akamai to Acquire Nine Systems

Akamai Technologies, Inc. and Nine Systems Corp., Inc. announced today that the two companies have signed a definitive agreement for Akamai to acquire Nine Systems in a merger transaction. The closing of the transaction, which is subject to customary closing conditions,
including the approval of Nine Systems' stockholders, is expected by year-end. The acquisition is expected to be accretive to Akamai earnings on a normalized, diluted per share basis* in 2007.
The acquisition of Nine Systems provides Akamai with a robust rich media management framework upon which services can be built to enable customers to more effectively control and monetize their digital assets. Akamai plans to integrate Nine Systems' Stream OS, a suite of configurable rich media management tools that enable easy production and publishing of content online, into the global Akamai network. Akamai's goal is to provide customers worldwide with a unified solution for managing content and controlling delivery across the industry's most pervasive rich media distribution platform.