Netli, an 8-year-old company that has built a service for speeding up Internet applications.said on Monday that it has reached an agreement to buy
Akamai said it intends to incorporateinto its current offerings, which are used to improve performance of applications that run over the Internet, such as those used by video-sharing sites. over wide-area networks. Netli raised $47 million in venture funding. Akamai said that it will purchase the equity in Netli for about 3.2 million shares of Akamai stock but did not indicate the purchase price.