Tue, Aug 7th 2007 4:53pm
Last month we noted a new entrant, Korea-based CDNetworks, in the red hot CDN space, where it competes with the likes of Akamai and LimeLight Networks. Since then, shares of Akamai and LimeLight have taken an utter shellacking, as investors wake up to the realization that all of this competition won't be very good for profits. Indeed, it seems that a bitter price war has already broken out, as the core CDN product rapidly becomes a commodity. This trend wasn't particularly hard to see, but the speed at which it's engulfed the industry does come as a bit of a surprise.
If you liked this post, you may also be interested in...
- The First Net Neutrality Complaint Has Been Filed, And It's Stupid (But Important)
- In The Information Age, It's More Important To Expand The Pie Than Eat The Whole Damn Pie
- Anonymous Targeting CloudFlare Seems To Go Against Anonymous' History
- Supreme Court Unanimously Smacks Down CAFC Two More Times
- Akamai Admits Its Heartbleed Patch Was Faulty, Has To Reissue All SSL Certs And Keys