New York, NY, October 31, 2011 – KDDI America Inc., the U.S. division of KDDI CORPORATION, a Global Fortune 500 company and worldwide leader in international telecommunications services, today announced that KDDI invested approximately 85.5% of common shares in CDNetworks LTD, a global Contents Delivery Network (CDN) service provider headquartered in Seoul, Korea for approximately $167 million.
CDN services realize acceleration of Internet communication by temporary cache and delivery of contents in servers which are located closer to the end users. The services are now essential for Internet providers to offer their users stress-free and comfortable services and contents. CDNetworks operates its CDN business in 70 cities in 31 countries, focusing on Korea, Japan, China, the United States and Europe.CDNetworks is highly competitive in Asia, which is a rapidly growing field of the Internet related business.
KDDI group will add new value, combining high-quality Internet network and CDN services, to various Internet service providers including contents providers through the strategic investment in CDNetworks. In addition, KDDI group will realize offload of further increasing mobile traffic and build up the network environment suitable for the smartphone era by adding CDN services in KDDI’s mobile platform. “We look forward to offering Enterprise IT departments a range of services that can help them speed up the response their customers and internal users receive from the applications they need to access over the Internet – no matter where they are in the world,” said Nobutsugu Ogata, Director of Enterprise Product Planning for KDDI America.
For more information on CDN services and KDDI America, contact KDDI America at www.kddia.com or call us at 1-866-348-3370.
About KDDI America, Inc.
KDDI America is the U.S. division of the KDDI Group of companies, a Fortune Global 500 company and leading provider of international telecommunications and colocation facilities around the world. KDDI America provides high-quality network solutions to clients with telecommunication needs throughout EMEA, Asia Pacific and the Americas. KDDI Group is a pioneer and innovator in the Ethernet world, being the first telecom provider to provide switched Ethernet services between Asia and the United States. KDDI is also a leading provider in international data centers and value-added services through its group company, TELEHOUSE, in the United States, Europe and Asia. Contact us at 1-866-348-3370 or visit our website at www.kddia.com.
Sandra de Novellis