SpeedEra Networks, a provider of content delivery services, has announced it has signed a definitive agreement to be acquired by US-based Akamai Technologies, in a stock-for-stock merger transaction valued at approximately $130 million.
With an average internet connection speed of 1,100 Kbps for the second quarter of 2009, Karnataka has been ranked second in a study of the top 10 Indian states for their average connection speeds. The state has recorded a 32 per cent increase in the average connection speed over last year.
While Internet speed in the country continue to grow, India's global rank for average connection speed stands only at 97 (of 226 countries) at 895 kbps.
India, says Akamai's State of the Internet report, has an average internet connection speed of just 772 Kbps compared with the global average of 1.5 Mbps. India ranks 93rd globally for broadband adoption (with 3.74 per cent connections at speeds over 2 Mbps) and is positioned at 55th globally for narrowband adoption (with 25.8 per cent of connections at speeds below 256 Kbps).
Intelligent tools are being deployed to detect content pirated from OTT platforms.
50 million people are not connected to the cyber world in the US.
75 per cent of new Internet users will come from rural areas
The push to connect India and drive a national fibre optic network, first approved by the last government in 2011, has made slow progress
Infotech will see a mixed appraisal season.
With Sundar Pichai becoming the CEO of Google, India has one more reason to cheer its prowess in the global IT sector.
The Chinese billionaire and founder of Alibaba is said to be planning a significant investment in business to business e-tailing as well as payment services and logistics companies.
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