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...
- Federal Judge Says Providing Web Hosting Isn't Even Close To The Same Thing As Contributory Infringement
- Akamai: 12-Year-Old SSH Vulnerability Fueling Internet-Of-Broken-Things DDoS Attacks, And Worse
- The Internet Of Poorly Secured Things Is Fueling Unprecedented, Massive New DDoS Attacks
- AT&T Makes It Clear: It Bought DirecTV So It Doesn't Have To Upgrade Its Lagging Networks
- The First Net Neutrality Complaint Has Been Filed, And It's Stupid (But Important)