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History
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CDNetworks was founded as a CDN enterprise in 2000, when e-business over the Internet was just coming into full force.
Based on technical capabilities and service expertise accumulated in the world¡¯s most advanced Internet environment, the company established a Japanese corporation in 2005 and entered China and the US in 2006 to become a truly global company.
Not satisfied at becoming the best in its field in Asia, the company intends to expand its reach to the global market.
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2007
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| February |
Established Ntom Ad, Korea¡¯s first video commercial media lab |
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April
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Launched the Nefficient¢â SSL (Secure Socket Layer) caching service |
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May
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CDNetworks Inc., the US unit, increased capital by KRW 1.9 billion |
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May
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Signed the contract for global CDN service with Codemasters, Europe¡¯s No. 1 game publisher |
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June
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Selected as an Outstanding Corporate Governance Company by KOSDAQ (2006 Corporate Governance Assessment) |
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July
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Launched ez-UCC service |
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August
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Launched IPTV service platform |
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2006
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January
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Increased capital with convertible bond exercise (total capital: 4.5 billion) |
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January
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Established UMCE, a JV with Chosun Ilbo |
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March
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Signed Agreement for Business Collaboration between CDNetworks Japan Ltd., a wholly owned subsidiary and ClubIT Corporation, an affiliate of Softbank Group in Japan |
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March
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Signed Agreement to supply technology and consulting service with China Net Center in China |
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May
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Established CDNetworks Shanghai Co., Ltd. in China |
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September
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Established CDNetworks Inc. (San Jose) in the US |
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September
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Signed CDN Service Agreement with K2 Network, a US-based game publisher |
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October
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Delivered 2006 World Cyber Games Internet Live Broadcasting solution |
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2005
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January
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Established CDNetworks Japan Ltd. (Tokyo) |
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February
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Increased capital by KRW 223.808 million from an investment by the Employee Stock Ownership Association (total capital: KRW 3.2 billion) |
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April
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Approved for IPO by Korea Exchange |
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July
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Increased capital by KRW 1.065 billion from public IPO subscription (total capital: KRW 4.265 billion) |
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July
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Listed on KOSDAQ |
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October
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Increased capital in CDNetworks Japan Ltd. (total capital: JPY 100 million) |
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November
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Launched Flash video streaming service (Nefficient¢â Flash¢ç Streaming) |
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2004
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February
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Opened game download service in partnership with Oberon |
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April
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Developed media DRM solution |
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May
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Signed a Strategic Partnership Agreement with Hostway Korea |
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June
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Agreed to terms of service partnership with Duzon Hard, the Web hard disk service for enterprises |
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June
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Launched global CDN service in Japan |
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August
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Selected as the contractor for Online Game Global Test Bed Development and Operation Project by Korea SW Industry Promotion Agency (KIPA) |
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2003
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February
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Singed the contract for CDN business collaboration with Thrunet |
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March
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Opened the content syndication service |
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March
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Signed Agreement for StreamX Value Added Service Collaboration with Speedware |
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October
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Launched Nefficient¢â DRM Plus, a download & play type service |
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November
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Launched Nefficient¢â v-Download, Korea¡¯s first multi-session download service |
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2002
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January
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Launched Nefficient¢â Express, Korea¡¯s first 1Mbps high-resolution service |
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March
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Signed Agreement for GOD Service Collaboration with KBK |
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April
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Signed Agreement for Business Collaboration with Simmani |
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October
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Launched Nefficient¢â eXtream, a WMT9 based high-resolution streaming service |
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December
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Opened Download Shop, an ESD shopping mall |
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2001
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March
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Launched Nefficient¢â CDN commercial service |
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June
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Selected as the Next Internet Application Program contractor by National Information Agency (NIA) |
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October
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Signed CDN Collaboration Agreement with Hanaro Telecom |
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November
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Applied for patent for Next Generation Smart Content Synchronization System |
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2000
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May
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Established CDNetworks Co., Ltd., a CDN service provider |
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August
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Signed Agreement for CDN Business Collaboration with KT |
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September
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Shares acquired by Dacom |
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September
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Shares acquired by Hanaro Telecom |
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September
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Selected as Compaq eKorea Partner by Compaq Korea |
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October
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Shares acquired by KT |
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November
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Launched Nefficient¢â CDN pilot service |
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