Akamai Technologies joins VeriSign and Joost in recognizing the value of content distribution via a hybrid architecture of P2P plus geographical caching. Akamai this week acquired Red Swoosh for about $15 million in stock according to Forbes. Here's the press release. P2P works great when enough peers with the content ready are accessible, but that's not always the case, particularly with content down the "long tail." The geographical caching solves that problem.
According to Candace Lombardi, Akamai is also introducing a "system, called Stream OS, outputs rich media such as video automatically in multiple formats, so content providers don't have to manually reformat outgoing content for each type of recipient (link: CNet)" and CBS announced Thursday that Akamai is powering its CDN (link: CNet). --Dennis