Key Developments: Akamai Technologies Inc (AKAM.O)

AKAM.O on Nasdaq

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1 Oct 2014
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Latest Key Developments (Source: Significant Developments)

Akamai Technologies Inc and AT&T Inc Forge Global Strategic Alliance to Provide Content Delivery Network Solutions
Thursday, 6 Dec 2012 09:01am EST 

Akamai Technologies Inc and AT&T Inc announced a strategic alliance to deliver a global suite of content delivery network (CDN) solutions to companies. Under the terms of the agreement, Akamai will deploy CDN servers at the edge of AT&T's IP network and in AT&T facilities throughout the United States . With the deployment of Akamai's CDN infrastructure within AT&T's network infrastructure, end customers are expected to benefit from more efficient content routing and better delivery of digital content, video and Web applications, resulting in a better end-user experience. AT&T will transfer its existing CDN operations, customers and service to the Akamai platform in 2013. The companies have also agreed to dedicate shared resources including technical support, customer care, marketing and professional services support.  Full Article

Akamai Technologies Inc Completes Acquisition of Verivue
Wednesday, 5 Dec 2012 06:30am EST 

Akamai Technologies Inc announced that it has completed its acquisition of Verivue, a privately held company based in Westford, Massachusetts that provides licensed content delivery network (CDN) infrastructure solutions for network operators. On November 13, 2012, Akamai announced a definitive agreement between the parties pursuant to which Akamai would acquire Verivue in a cash transaction.  Full Article

France Telecom SA (Orange) and Akamai Technologies Inc form Content Delivery Strategic Alliance
Monday, 19 Nov 2012 07:00pm EST 

France Telecom SA (Orange) and Akamai Technologies Inc announced a strategic alliance. France Telecom SA (Orange) has agreed to use technology from Akamai‚Äôs Aura Network Solutions to provide CDN services to business customers. Upon deployment, the operator's enterprise division Orange Business Services will market these solutions initially in France. In addition, the two groups have formed an innovation steering committee to identify areas of innovation in the field of CDN solutions. Financial terms were not disclosed.  Full Article

Akamai Technologies Inc To Acquire Verivue
Tuesday, 13 Nov 2012 06:30am EST 

Akamai Technologies Inc and Verivue announced that the two companies have signed a definitive agreement for Akamai to acquire Verivue in a cash transaction. The acquisition is expected to complement Akamai's Aura Network Solutions and accelerate Akamai's time to market in providing a comprehensive, licensed content delivery network (CDN) solution for network operators. Financial terms were not disclosed.  Full Article

Akamai Technologies Inc Issues Q4 2012 Guidance In Line With Analysts' Estimates-Conference Call
Wednesday, 24 Oct 2012 04:30pm EDT 

Akamai Technologies, Inc. announced that for the fourth quarter of 2012, it expects revenue to be in the range of $373-$385 million and normalized earnings per share (EPS) to be in the range of $0.48-0.50. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $378 million and EPS of $0.49 for the fourth quarter of 2012.  Full Article

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