History

CDNetworks was founded as a content delivery network (CDN) enterprise in 2000 when eBusiness on the Internet was just emerging as a critical part of the economy. Based on the technical capabilities and service expertise created while developing the world's most advanced Internet environment in Korea, CDNetworks extended its operations to Japan in 2005, then entered China and expanded to the United States in 2006 becoming a multi-national organization. While already the No. 1 CDN in Asia, CDNetworks continues to gain market share in the United States, Europe and South America. With its complete set of technologies and services, including the Web Performance Suite, CDNetworks will grow its reach in the market serving global enterprises with mission-critical applications.

		April	Announce Dynamic Web Acceleration services for speeding the delivery of non-cacheable dynamic content and web based applications
		October	Announce delivery of Web Performance Suite – an integrated set of cloud based acceleration solutions
		February	Acquired Panther Express, a Manhattan based CDN company
		April	Provide first customer deployment of Adobe Flash® Media Server 3.5
		January	Sign global CDN sales partnership with SOFTBANK Broadmedia Corporation
		February	Sign global supply contract for Flash® Media Server 3.0 with Adobe
		May	Acquired Hit Pops division of Japan's Space Communications Corporation
		August	Provided live Internet broadcast service for SBS and MBCs Olympic Games coverage
		October	Provided live Internet broadcast service for the 2008 World Cyber Games (WCG)
		November	Sign technology partnership with Adobe® – provide first beta program for Flash® Media Server 3.5
		February	Establish Ntom Ad, Korea's first video advertising media lab
		April	Launch SSL (Secure Socket Layer) Caching service
		June	Selected as winner of "Award of Distinction", in the KOSDAQ market 2007 Corporate Governance Awards
		July	Launch CDNetworks US subsidiary
		December	Receive funding of KRW 90.0 billion from Oak Investment Partners, Shinhan Private Equity and Goldman Sachs International
		January	Sign partnership agreement with Club iT, a subsidiary of SOFTBANK Japan
		March	Sign technology and consulting agreement with China's Shanghai Guang Tong Communication Science and Technology Development Corporation Limited
		May	Establish CDNetworks Shanghai Co., Ltd. (Shanghai, China)
		September	Establish CDNetworks Inc. (San Jose, California, USA)
		October	Provide live Internet broadcast service for the 2006 World Cyber Games (WCG)
		January	Establish CDNetworks Japan Co., Ltd. (Tokyo, Japan)
		April	Received IPO approval form Korea Exchange
		July	Increase capital by KRW 1.065 billion to KRW 4.265 billion (public offering for KOSDAQ listing)
		July	Listed on KOSDAQ (073710)
		October	Increase capital in CDNetworks Japan Co., Ltd. to JPY 100 million
		November	Launch Flash video streaming service Nefficient™ Flash® Streaming
		February	Open game download service in partnership with Oberon Media
		June	Launch global CDN service in Japan
		August	Selected as contractor for Online Game Global Testbed Development and Operation Project by the Korea Software Industry Promotion Agency (KIPA)
		February	Sign CDN collaboration agreement with Thrunet
		March	Open content syndication service
		January	Launch Nefficient™ Express, Korea's first 1Mbps high resolution service
		April	Sign business collaboration agreement with Simmani
		October	Launch Nefficient™ eXtream service, a WMT based high resolution streaming service
		December	Open Download Shop, an ESD shopping mall
		June	Selected as the Next Internet Application Program contractor by National Information Agency (NIA)
		October	Sign CDN collaboration agreement with Hanaro Telecom
		November	File patent for Next-Generation Smart Content Synchronization System
		May	Establish CDNetworks Co., Ltd. a CDN service provider
		August	Sign CDN collaboration agreement with Korea Telecom
		September	Dacom and Hanaro Telecom acquire shares in CDNetworks
		September	Selected as Compaq eKorea Partner by Compaq Korea
		October	Korea Telecom acquire shares in CDNetworks
		November	Launch pilot program for Nefficient™ CDN service
		November	Sign agreement for CDN service with Korea Telecom Hitel
		December	Sign agreement for CDN service with Korea Internet Data Center