Akamai ( AKAM) operates a worldwide network of servers that help customers like Yahoo ( YHOO), Overstock.com ( OSTK), and Monster.com ( MWW) deliver Internet content faster to their end users. The company has established itself as the market leader in Web content delivery to traditional computing devices like laptops and desktops. As mobile devices become more popular across the globe, Akamai is pushing into mobile content delivery, which is expected to be one of its prime growth engines going forward. To this end, Akamai recently acquired Velocitude, whose mobile platform delivers a friendlier browsing experience to a multitude of mobile devices. (The terms were not disclosed.) The acquisition adds significant content transformation functionality to Akamai's suite of cloud services for optimizing mobile web content. We expect Akamai's revenue-per- online shopping customer to increase as a result of this deal. Our analysis follows below.