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Akamai Technologies, Inc. (AKAM)

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  • May 28, 2013, 12:00 PM
    Limelight (LLNW +6.3%) "is in talks to try and sell the company to Verizon (VZ) and is desperate to make a deal," Dan Rayburn reports hearing from "multiple attendees from Wall Street" at a conference he hosted. With Limelight burning cash and facing tough competition from Akamai (AKAM) and Level 3 (LVLT), there's logic to exploring a sale. Rayburn points out Limelight's management changes and Verizon's interest in growing its CDN business could lead to a deal. However, he adds Limelight has been seeing employee defections, and has heard Limelight customers criticize the "poor performance" of its CDN. Private XO Communications is also said to be talking with Limelight.
  • Jan. 24, 2013, 9:31 AM
    Akamai (AKAM) is selling its ad targeting business to private Mediamath, AllThingsD and AdAge report. Akamai launched the business in '08 following its $95M purchase of ad tech startup Acerno, arguing it could leverage the Web browsing and transaction data obtained by its massive CDN to deliver more relevant ads on the sites of CDN service clients. But the business has remained a sideshow.
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  • Nov. 13, 2012, 2:43 PM
    Akamai (AKAM +0.2%) is buying Verivue, a developer of content delivery software aimed at last-mile service providers. Akamai plans to integrate Verivue's tech with its Aura Network Solutions platform for service providers who want to build their own CDNs (as opposed to using Akamai's). Akamai has been pretty aggressive this year at snapping up startups that can provide it with useful technology (I, II, III).  (PR)
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  • Sep. 13, 2012, 5:10 PM
    Akamai (AKAM) has bought FastSoft, a developer of algorithms that improve file transfer speeds and page view loading times for sites and web apps. Akamai's content delivery network is underpinned by proprietary routing algorithms, thus FastSoft's solutions are a natural fit. The company recently said it was on the lookout for security and networking startups that could improve its time-to-market.
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  • Aug. 17, 2012, 5:36 PM
    Akamai (AKAM) is looking to acquire security and networking firms, says a company exec. The content delivery network owner wants to generate $100M/year in revenue from new businesses within 3 years, he says (for reference, Akamai is expected to post 2012 sales of $1.36B), and is willing to buy a startup if it helps improves the company's time-to-market. Zscaler, a provider of cloud-based security services for Web traffic, is named as the kind of company Akamai could be interested in.
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  • Feb. 8, 2012, 9:06 AM
    Akamai (AKAM) has acquired Blaze Technology, a developer of technology for accelerating the speed at which web pages load. Blaze's solutions complement the site acceleration capabilities provided via Akamai's content delivery network (CDN). In December, Akamai acquired rival CDN owner Cotendo.
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  • Jan. 20, 2012, 9:14 AM
    IDC thinks the rapid growth of the market for WAN optimization gear, used to improve Internet access speeds for remote offices, could make market leader Riverbed (RVBD) an acquisition target this year, in spite of its $4.5B market cap. FFIV and AKAM are also seen as buyout targets. Riverbed recently bought the assets of smaller rival Expand Networks.
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  • Dec. 22, 2011, 11:35 AM
    The Street heaps praise on Akamai's (AKAM +18.9%) acquisition of Cotendo. S&P believes the deal will strengthen AKAM’s "technology, offerings, customer base, pricing, and potential for innovation and growth." Jefferies says it “solidifies AKAM’s position in the app/site acceleration space," and places its Underperform rating on the stock "under review."
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Company Description
Akamai Technologies Inc provides cloud services for delivering, optimizing and securing online content and business applications.