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Last $69.91 USD
Change Today -0.46 / -0.65%
Volume 1.1M
AKAM On Other Exchanges
Symbol
Exchange
Frankfurt
As of 8:10 PM 07/2/15 All times are local (Market data is delayed by at least 15 minutes).

akamai technologies inc (AKAM) Key Developments

Akamai Technologies, Inc. Opens New Office in Dubai, United Arab Emirates

Akamai Technologies, Inc. has opened its new office in Dubai, United Arab Emirates. With established customers in the territory including media companies such as Selevision, leading airlines and financial and regulatory organisations, as well as partners such as du and Ooredoo, the new office will be the hub for Akamai's business operations and customer support in the Middle East.

Fruugo.com Uses Akamai Technologies, Inc.'s Web Performance Solutions for All Fruugo Customers

Akamai Technologies, Inc. announced that Fruugo.com is using Akamai's Web Performance Solutions to provide consistently superior online experiences for all Fruugo customers as it expands its global network. Fruugo and Akamai started testing the Fruugo system earlier this year, to establish a good understanding of the DNS routing and response times, and the best way to manage traffic optimisation. The migration of Fruugo's website onto the Akamai Platform and implementation of Akamai's Web Performance solution was finally completed in May.

Akamai Technologies, Inc. Presents at William Blair’s 35th Annual Growth Stock Conference, Jun-09-2015

Akamai Technologies, Inc. Presents at William Blair’s 35th Annual Growth Stock Conference, Jun-09-2015 . Venue: Four Seasons Hotel, Chicago, Illinois, United States.

Akamai and Trustwave Form Strategic Alliance to Protect Businesses from Online Threats

Akamai Technologies, Inc. and Trustwave announced a new strategic alliance designed to help businesses more effectively fight a wide range of malicious online activities through vulnerability assessment, denial of service prevention and incident response. Through this partnership, Akamai and Trustwave plan to make available to their respective customers select technology solutions and security services from each company's portfolio. The strategic relationship is intended to allow both companies to provide a broader set of cyber security protections to meet a wide range of customer requirements in a constantly changing cyber security threat landscape. Services and products included in the first phase of the strategic alliance include: Security scanning and testing: Akamai will offer Trustwave Managed Security Testing to better help businesses find and fix vulnerabilities across their database, network and application assets through the cloud-based Trustwave TrustKeeper® platform. Distributed denial-of-service (DDoS) attack protection: Trustwave will offer Akamai's managed DDoS protection services as part of the Trustwave portfolio of managed security services. Akamai's industry-proven DDoS protection and mitigation capabilities are intended to keep web sites and applications available, even in the midst of modern web attacks. Incident response and readiness: Akamai will offer Trustwave Incident Response and Readiness services delivered by Trustwave SpiderLabs®, a team of more than 150 ethical hackers, forensic investigators and researchers who conduct hundreds of data breach investigations per year. The service includes on-call responders and results in an actionable, tested plan to detect, triage and contain a breach. Web application security: Trustwave will augment its existing web application firewall (WAF) portfolio, which currently includes both a managed WAF service and on-premises product, by offering Akamai's cloud-based Kona Site Defender for businesses that prefer a cloud deployment option. Akamai and Trustwave intend to co-develop Trustwave managed service offerings for the Akamai Kona Site Defender and WAF products.

Akamai Technologies, Inc. Announces Strategic Partnership Agreement with China Unicom Corporation Limited's CU Cloud

Akamai Technologies, Inc. announced a strategic partnership agreement with China Unicom Corporation Limited's cloud division – CU Cloud. As part of the strategic partnership, CU Cloud has agreed to complement its own Cloud services for global businesses with Akamai's full suite of media delivery, web performance, and cloud security offerings. The partnership is designed to enable close cooperation between the two companies in the areas of technology and network access, thus strengthening Akamai's China CDN offering for accelerating content from global customers to Chinese consumers. In addition, both parties will continue to develop the opportunity to provide the best service to Chinese enterprises to grow their web presence globally. Under the partnership, CU Cloud plans to leverage Akamai for CDN technology that will be available for the delivery of its Cloud services. Akamai enables operators to deploy a highly scalable, completely turnkey CDN that leverages the same technologies found within the Akamai Intelligent Platform.

 

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Industry Analysis

AKAM

Industry Average

Valuation AKAM Industry Range
Price/Earnings 37.3x
Price/Sales 6.1x
Price/Book 4.2x
Price/Cash Flow 33.7x
TEV/Sales 5.5x
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