Key Developments: Akamai Technologies Inc (AKAM.O)

AKAM.O on Nasdaq

63.20USD
19 Dec 2014
Price Change (% chg)

$0.70 (+1.12%)
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$62.50
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$63.46
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Latest Key Developments (Source: Significant Developments)

Akamai Technologies Inc gives Q4 2014 outlook in line with analysts' estimates - Conference Call
Wednesday, 29 Oct 2014 04:30pm EDT 

Akamai Technologies Inc:Expects Q4 2014 revenue in the range of $515 mln to $535 mln.Expects Q4 2014 non-GAAP EPS in the range of $0.61 to $0.66.Q4 2014 revenue of $531 mln and EPS of $0.62 - Thomson Reuters I/B/E/S.  Full Article

Akamai Technologies Inc gives Q3 2014 outlook in line with analysts' estimates - Conference Call
Wednesday, 30 Jul 2014 04:30pm EDT 

Akamai Technologies Inc:Expects Q3 2014 revenue in the range of $484 million to $496 million.Expect Q3 2014 non-GAAP EPS in the range of $0.55 to $0.58.Q3 2014 revenue of $489 mln, EPS of $0.55 - Thomson Reuters I/B/E/S.  Full Article

Microsoft and Akamai join forces in first cybersecurity-focused accelerator in Israel
Tuesday, 29 Jul 2014 06:30am EDT 

Microsoft Corp and Akamai Technologies:Together with leading venture capital (VC) firm Jerusalem Venture Partners (JVP), they are working on unique accelerator in field of cybersecurity.Program is located at Microsoft Ventures Accelerator in Tel Aviv.Collaboration strengthens Microsoft's already solid partnership announced a leading VC, JVP.  Full Article

Akamai Technologies Inc gives Q2 2014 EPS outlook; revenue outlook above analysts' estimates - Conference Call
Thursday, 1 May 2014 04:30pm EDT 

Akamai Technologies Inc:Expects Q2 2014 revenue in the range of $464 -$478 mln.Expects Q2 2014 non-GAAP EPS in the range of $0.53 to $0.57.Q2 2014 revenue of $459 mln, EPS of $0.53 - Thomson Reuters I/B/E/S.  Full Article

Vubiquity And Akamai Technologies Inc partner on content-as-a-service offering
Wednesday, 2 Apr 2014 12:00pm EDT 

Vubiquity and Akamai Technologies Inc:Partnership designed to help network service providers or content owners efficiently and cost-effectively launch over-the-top (OTT) video services.Content-as-a-service offering combines Vubiquity's AnyVU Cloud and Akamai Intelligent Platform to offer robust licensed content library along with cloud-based content workflows, storage and delivery at global scale.  Full Article

Akamai Technologies Inc completes offering of convertible senior notes - Form 8-K
Thursday, 20 Feb 2014 04:13pm EST 

Akamai Technologies Inc:Completed its previously announced offering of $600.0 million of its 0 percentage convertible senior notes due 2019.Says notes were sold in a private placement under a purchase agreement, dated as of Feb 13, entered into by and between Akamai and Morgan Stanley & Co. LLC, as representative of the several initial purchasers.Says it used about $20.3 million of the net proceeds from the offering of the notes to pay the cost of the privately-negotiated convertible note hedge transactions, and used about $62.0 million of the net proceeds to repurchase 1,038,352 shares of common stock.Says it intends to use the remaining net proceeds from the offering for working capital and other general corporate purposes, as well as potential acquisitions and strategic transactions.  Full Article

Akamai Technologies Inc completes acquisition of Prolexic Technologies Inc
Tuesday, 18 Feb 2014 04:02pm EST 

Akamai Technologies Inc:Completes its acquisition of Prolexic Technologies Inc., a privately held company based in Hollywood, Florida that provides cloud-based security solutions for protecting data centers and enterprise IP applications from distributed denial of service (DDoS) attacks.On Dec. 2, 2013, Akamai announced a definitive agreement between the parties pursuant to which Akamai would acquire all of the outstanding equity of Prolexic.  Full Article

Akamai Technologies Inc announces pricing of upsized offering of convertible senior notes
Friday, 14 Feb 2014 07:30am EST 

Akamai Technologies Inc:Prices its private offering of $600 mln aggregate principal amount of its convertible senior notes due 2019.Says offering was upsized from the previously announced $500 million aggregate principal amount of notes.Says it has granted the initial purchasers of the notes an option to purchase up to an additional $90 mln aggregate principal amount of notes on the same terms and conditions.Says sale of the notes is expected to close on Feb. 20.Says intends to use about $20.3 mln of the proceeds to pay the cost of the convertible note hedge transactions.Says intends to use about $62 mln of the net proceeds from this offering to repurchase shares of its common stock from purchasers of notes.Says intends to use the remaining net proceeds of the offering for working capital and general corporate purposes, including potential acquisitions and other strategic transactions.Says Morgan Stanley is acting as sole book-running manager for this offering.Says J.P. Morgan and BofA Merrill Lynch are acting as co-managers for this offering.  Full Article

Akamai Technologies Inc announces proposed offering of convertible senior notes
Wednesday, 12 Feb 2014 04:00pm EST 

Akamai Technologies Inc:Proposes to offer $500 mln aggregate principal amount of its convertible senior notes due 2019.Says it will grant the initial purchasers an option to purchase up to an additional $75 million principal amount of notes on the same terms and conditions.Says the notes will mature on Feb. 15, 2019.Says it will use the proceeds for dhare repurchases, general corporate purposes and to pay the cost of the convertible note hedge transactions.Says Morgan Stanley is acting as sole book-running manager for the proposed offering.  Full Article

Akamai Technologies Inc issues Q1 2014 guidance in line with analysts' estimates-conference call
Wednesday, 5 Feb 2014 09:30pm EST 

Akamai Technologies Inc:Expects Q1 2014 revenue to be in the range of $426-$442 mln.Expects Q1 2014 non-GAAP EPS to be in the range of $0.51-$0.55.Q1 2014 revenue of $426 mln and EPS of $0.53 - Thomson Reuters I/B/E/S.  Full Article

Akamai expects strong U.S. dollar to weigh on fourth-quarter revenue

- Akamai Technologies Inc , whose service helps speed up delivery of Web content, said a stronger U.S. dollar would hurt revenue growth in the current quarter, sending its shares down as much as 5 percent in after-market trade.

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