Red Swoosh was a peer-to-peer content delivery company founded by Travis Kalanick and Michael Todd in 2001 and acquired by Akamai Technologies in 2007. The Red Swoosh technology included a centralized directory that indexed online clients and caches. The Red Swoosh client is a Peer to Peer networking client from Akamai Technologies that downloads and sideloads video multicasts from websites that support the Red Swoosh technology. The Red Swoosh peercasting tool is a browser extension caches data, reflecting and sharing files delivered through the "Swoosh network" or Distributed Network.
On April 12, 2007 Red Swoosh became the first peercasting tool to be acquired in an all-stock merger transaction, by Akamai Technologies. The all stock acquisition was valued at approximately $19 million (not including earn-outs).   
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