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Akamai Technologies, Inc. engages in the provision of cloud services for delivering, optimizing and securing content and business applications over the Internet. Its products offers web and mobile performance solutions, cloud security solutions, enterprise solutions, network operator solutions, media delivery solutions and services and support solutions. Read More It also engages in content delivery network, or CDN, services to make the Internet fast, reliable and secure. The company was founded by Frank Thomson Leighton, Jonathan Seelig, Randall S. Kaplan, and Daniel Mark Lewin on August 20, 1998 and is headquartered in Cambridge, MA.
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Yahoo FinanceMay 22
Akamai Technologies Shareholders Have Enjoyed A 47% Share Price Gain
By buying an index fund, investors can approximate the average market return. But if you buy good businesses at attractive prices, your portfolio returns could exceed the average market return. For example, the Akamai Technologies, Inc. (NASDAQ:AKAM) share price is up 47% in the last three years, clearly besting than the market return of around 39% (not including dividends). However, more recent returns haven't been as impressive as that, with the stock returning just 1.1% in the last year. Want to partici...
Yahoo FinanceMay 20
With 18.6 Million Simultaneous Viewers Streaming VIVO IPL, Hotstar Shatters Viewership Record Again
Delivered on Akamai, concurrent streaming viewers on Hotstar grew by more than 80 percent over 2018 MUMBAI, India and BANGALORE, India, May 20, 2019 /PRNewswire/ -- The twelfth edition of the VIVO IPL cricket tournament concluded with another high for reported online viewership. Hotstar, India's largest premium streaming platform, leveraged Akamai Technologies, Inc. (AKAM), the intelligent edge platform to live stream the VIVO IPL 2019 final between the Mumbai Indians and Chennai Super Kings to 18.6 millio...
Seeking AlphaMay 17
Disruptor CDN Fastly To IPO Friday, Here's What To Watch For
Fastly is on a great path to continued growth but we need to watch how they scale their business over the next few years. Thursday night, CDN provider Fastly will price their shares and go public Friday morning under the ticker FSLY, looking to raise around $170M, with shares expected to price between $14-$16 a share. At the higher end of the price range, it would value Fastly at around $1.4B. The company has raised $219M to date and ended 2018 with 449 employees. Fastly had $144.6M in revenue in calendar...
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