CDNetworks was founded as a content delivery network (CDN) enterprise in 2000, when e-business over 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 truly global company. While already the No. 1 CDN in Asia, CDNetworks is not complacent.The company intends to expand its reach to the global market and serve global enterprises with its complete set of technologies and services.

• JanuaryProvides mirror services for Sourceforge.net – the world’s largest
  Open Source website
• FebruaryMerged with Panther Express
  (Changed company name to 'CDNetworks Europe SARL.', Paris, France)
• AprilProvides first customer deployment of Adobe Flash® Media Server 3.5
• MayLaunched the service experience site 'www.nextcdn.com'

• JanuarySigned a CDN service agreement with Quarterlife.com, the US
  IPTV and social networking website
• JanuarySigned a global CDN sales partnership agreement with SOFTBANK
  Broadmedia Corporation
• JanuaryLaunched SLM Platform Service, a performance and failure analysis
  solution
• FebruarySigned a global supply contract for FMS 3.0 with Adobe
• AprilProvided CDN service for the Barrack Obama “Yes We Can” video
  on the Dipdive website
• AprilAttended the 2008 NAB (National Association of Broadcasters) show
  as the first Korean CDN participant
• MayBrought in a portfolio of large customers by acquiring the Hit Pops
  division of Japan’s Space Communications Corporation
• AugustProvided live Internet broadcasting service for SBS and MBC’s Olympic
  Games coverage
• OctoberProvided live Internet broadcasting for the 2008 World Cyber Games
  (WCG)
• NovemberTechnology partnership with Adobe® - CDNetworks provides first beta
  program for Flash® Media Server 3.5

• FebruaryEstablished Ntom Ad, Korea’s first video advertising media lab
• AprilLaunched SSL (Secure Socket Layer) Caching service
• MaySigned a global CDN service agreement with Codemasters, the No.1
  game publisher in Europe
• June Selected as the winner of the “Award of Distinction,” in the KOSDAQ
  market 2007 Corporate Governance Awards
• JulyLaunched CDNetworks US subsidiary
• OctoberFunded subsidiary Mgoon with KRW 6.2 billion
• DecemberReceived funding of KRW 90.0 billion from Oak Investment Partners,
  Shinhan Private Equity and Goldman Sachs International
  

• JanuaryIncreased capital by converting convertible bonds
  (KRW 4.5 billion in total)
• JanuaryCDN business partnership agreement made between CDNetworks
  Japan and Club iT, a subsidiary of Japan’s Softbank
• MarchSigned an agreement for technology and consulting with China’s
  Shanghai Guang Tong Communication Science and Technology
  Development Corporation Limited
• May Established CDNetworks Shanghai Co., Ltd (Shanghai, China)
• SeptemberEstablished CDNetworks Inc. (San Jose, California, USA)
• SeptemberSigned a CDN service agreement with K2 Network, a US-based game
  publisher
• OctoberProvided live Internet broadcasting for the 2006 World Cyber Games
  (WCG)

• JanuaryEstablished CDNetworks Japan Co., Ltd (Tokyo)
• FebruaryIncreased capital by KRW 223.808 million to KRW 3.2 billion
  (with investment made by the Employee Stock Ownership Association)
• AprilAcquired IPO approval from the Korea Exchange
• JulyIncreased capital by KRW 1.065 billion to KRW 4.265 billion
  (public offering for KOSDAQ listing)
• JulyListed on KOSDAQ (073710)
• OctoberIncreased capital in CDNetworks Japan Co., Ltd to JPY 100 million
• NovemberLaunched Flash video streaming service Nefficient™
  Flash® Streaming

• FebruaryOpened a game download service in partnership with Oberon Media
• AprilDeveloped the Media DRM solution
• JuneLaunched global CDN service in Japan
• AugustSelected as the contractor for the Online Game Global Testbed
  Development and Operation Project by the Korea Software Industry
  Promotion Agency (KIPA)

• FebruarySigned a CDN business collaboration agreement with Thrunet
• MarchOpened content syndication service
• OctoberLaunched Nefficient™ DRM Plus, a download & play video service
• NovemberLaunched Nefficient™ v-Download, Korea’s first multi-session
  download service

• JanuaryLaunched Nefficient™ Express, Korea’s first 1Mbp high-resolution
  service
• AprilSigned an agreement for business collaboration with Simmani
• OctoberLaunched Nefficient™ eXtream service, a WMT-based high-resolution
  streaming service
• DecemberOpened Download Shop, an ESD shopping mall

• June Selected as the Next Internet Application Program contractor by the
  National Information Agency (NIA)
• OctoberSigned a CDN business collaboration agreement with
  Hanaro Telecom
• NovemberFiled a patent for the Next-Generation Smart Content Synchronization
  System

• MayEstablished CDNetworks Co., Ltd. a CDN service provider
• AugustSigned an agreement for CDN business collaboration with
  Korea Telecom
• SeptemberDacom and Hanaro Telecom acquired shares in CDNetworks
• SeptemberSelected as Compaq eKorea Partner by Compaq Korea
• OctoberKorea Telecom acquired shared in CDNetworks
• NovemberLaunched a pilot service for Nefficient™ CDN Service
• NovemberSigned an agreement for added-value service (CDN service) with
  Korea Telecom Hitel
• DecemberSigned an agreement for added-value service (CDN service) with
  Korea Internet Data Center