Akamai (NASDAQ:AKAM, news, filings) is apparently still hungry for inorganic opportunities, as today they announced the acquisition of Blaze Software. Blaze offers cloud-based frontend optimization, which basically automatically optimizes a web page's code on the server side in order to speed up the overall delivery process. Akamai expects Blaze's FEO to complement their existing site acceleration capabilities.
This closely follows the company's purchase of Cotendo recently, and is another part of Akamai's plan to rejuvenate its growth prospects. They have also become more aggressive on pricing overall, according to reports. Much of it though is about putting the right pieces in place for their move deeper into the cloud.
Financial terms were not disclosed, but it's interesting that Blaze was only founded two years ago and hence couldn't have cost all *that* much. But they must have made some headway quickly on their technology to get Akamai's attention.