(WEB HOST INDUSTRY REVIEW) — Telecommunications provider KDDI America (www.kddia.com) announced on Monday that it has invested approximately 85.5 percent of common shares in CDNetworks (www.cdnetworks.com), a global content delivery network service provider headquartered in Seoul, Korea for about $167 million.
KDDI America has a fiber network backbone that covers 170 countries as well as 91 offices located in Asia, North America, South America, Europe and Australia. In addition to telecommunications services, KDDI America offers infrastructure as a service, colocation and managed services.
According to the press release, CDN services are essential for Internet providers to offer their users. KDDI America says CDN services accelerate Internet communication by temporary cache and delivery of contents in servers located closer to end users.