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Akamai Technologies

Akamai Technologies
Company nameAkamai Technologies, Inc.
Company typePublic
IndustryInternet hosting services
Founded1998
Founder(s)Tom Leighton
Daniel M. Lewin
HeadquartersCambridge, Massachusetts, U.S.
Key peopleGeorge H. Conrades
(Chairman)
Paul L. Sagan
(CEO)
David Kenny
(President)
ProductsContent delivery
Revenue(+) US$ 1.024 billion (2010) 
Operating income(+) US$ 254.3 million (2010)
Net income(+) US$ 171.2 million (2010)
Total assets(+) US$ 2.323 billion (2010)
Total equity(+) US$ 2.178 billion (2010)
Employees2,200 (December 2010)

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Akamai Technologies, Inc. (Nasdaq - AKAM), , addresses problems associated with the Internet such as performance, security and scalability. The company created a globally distributed network of servers which is controlled by proprietary software.

The company was founded in 1998 by then-MIT graduate student Daniel Lewin, and MIT Applied Mathematics professor Tom Leighton. Lewin was killed aboard American Airlines flight 11 which crashed in the September 11 attacks of 2001.

Leighton still serves as Akamai's Chief Scientist.

Akamai is a Hawaiian word meaning smart or intelligent with connotations of insightful or wise or skillful. The company's headquarters are in Cambridge, Massachusetts.

Akamai Technologies Video

Exclusive Coverage for NAB 2010 in Las Vegas -- Part 4 - featuring the latest technologies in media broadcasting: JVC: GY -- HM790 Camera - AVID: Media Composer 5.0 - Chyron: Storage Solutions - Akamai: Interactive HD online streaming - ZEPLAY: Multichannel Instant Replays. آ٠ت٠Ùذا اÙأسبÙع ÙÙ ÙدÙÙØ© Ùاس ÙÙغاس Ù٠اÙØ­ÙÙØ© اÙرابعة ÙاÙأخÙرة Ù٠اÙتغطÙØ© اÙخاصة ÙاÙحصرÙØ© ÙÙÙعرض اÙÙتخصص باÙتÙÙÙات اÙأعÙاÙÙØ© اÙÙرئÙØ© ÙاÙÙسÙÙعة NAB 2010
23.07 min. | 5.0 user rating
The company's technology enables corporations and government agencies to deliver content and applications, such as ads, business transaction tools, streaming video, and Web sites over the Internet. It also offers the EdgeControl suite of tools that supply network data feeds and Web site analytics to customers. Through its network of some 60000 servers in about 70 countries, Akamai analyzes and manages Internet traffic,
1.07 min. | 5.0 user rating

9.78 min. | 5.0 user rating
Akamai Technologies (NASDAQ:AKAM) maintained Outperform, $47 target, at Oppenheimer. Thestock closed yesterday at $43.99 on volume of 4188600 shares, below the average daily volume of 4396111. In the past 52-weeks, shares of Akamai Technologies have traded between a low of $15.86 and a high of $46.72 and are now at $43.99, which is 177.4% above that low price. Akamai Technologies should find initial support at its 50-day moving average (MA) of $41.43 and further support at its 200-day MA of $30.32. In the last five trading sessions, the 50-day MA has climbed 1.56% while the 200-day MA has risen 2.02%. Akamai Technologies, Inc. provides global delivery services for Internet content, streaming media, and applications and global Internet traffic management. The Company uses technology and software based on mathematical formulas and algorithms to monitor Internet traffic patterns.
1.37 min. | 5.0 user rating
If you like what you see, check out our upcoming certificate program through USC's Marshall School of Business. www.marshall.usc.edu Presented by Tim Napoleon (Chief Strategist, Media and Entertainment, Akamai Technologies) This FREE three-part Webinar series gives entertainment and media execs the latest intelligence on how content producers are making money in todays fast-changing digital media landscape. You will learn ⢠Ways in which you can easily and profitably integrate your current media programs with new online strategies ⢠Winning approaches for gaining the inside track on digital media, whether youre running a digital media effort NOW or simply want to enhance your skill set. Each Webinar is only 15 minutes, followed by a 15-minute Q&A. In 30 minutes, you are up to speed on the models that people are using today.
9.45 min. | 5.0 user rating
Akamai Technologies Inc SWOT Analysis @ www.yousigma.com, By: Deepak Chebbi
2.02 min. | 0 user rating
Equity futures are pointing lower Thursday with the Dow Jones Industrial Average looking to open 54 points lower while the broader S&P500 index is looking to open over 7 points lower. Moving fast in the pre-market session are shares of Alcatel Lucent (NYSE:ALU), up over 16% after the company reported a big jump in profit; EnCana Corporation (NYSE:ECA) up around 8% after the company increased its production outlook and the announcement of a joint venture with PetroChina (NYSE:PTR). Sequenom (NASDAQ:SQNM) is also up close to 6%. Sprint (NYSE:S) is up 3% after sales topped street estimates. Cisco Systems (NASDAQ:CSCO) is down almost 11% after missing estimates, Akamai Technologies (NASDAQ:AKAM) shares are down 12% following revenue forecasts that missed estimates;(NASDAQ:TQNT) TriQuint Semiconductor is down over 13% revising its earnings guidance. The Bank of England announced that it will keep its benchmark interest rate at 0.5% and will keep their bond buying program at 200 billion pounds. Despite the uptick in inflationary pressure, the BoE is maintaining its current stance in order to ensure Britain's recovery remains on track. In corporate news, Sprint Nextel (NYSE:S) reported a Q4 loss of 31 cents per share, vs. an expectation for a 30-cent per share loss. Revenues totaled $8.30 billion vs. a consensus estimate of $8.15 billion.
1.53 min. | 5.0 user rating
Tom Burg of Akamai Technologies tells Multichannel Merchant when it's the right time to retarget an online customer.
0.70 min. | 0 user rating
www.SupportLineAlerts.com This is today's BobChart for Akamai Technologies Inc. Akamai Technologies Inc closed at 34.19. The nearest support is 6.6 percent below the close at 31.92. The nearest resistance is 5.29 percent above the close at 36.00.
0.97 min. | 0 user rating
Citigroup, Inc. (NYSE:C) raised its rating on software and Web services supplier Akamai Technologies, Inc. (NASDAQ:AKAM) Thursday from Hold to Buy, following Q1 earnings by Akamai Technologies that beat consensus expectations. Akamai Technologies was also granted a $150 million extension of its share buyback program, according to MarketWatch.com. The company's price estimate increased from $30 to $40 at JMP Securities LLC. Akamai Technologies is trading up 18.93% at $39.46 on volume of 12600981, versus the average volume of 3802650.
0.78 min. | 4.63 user rating

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Elections may set record for Internet viewing - Boston Globe Tweet this news
Boston Globe---Akamai Technologies- Inc., the Cambridge company that delivers bulk Internet data for major businesses, said that viewership of ... - Date : Mon, 01 Nov 2010 19:09:14 GMT+00:00
Dan Nathan's Akamai Technologies (AKAM) Trade - Benzinga Tweet this news
Benzinga--CNBC Options Action's Dan Nathan suggested investors to consider an options strategy in -Akamai Technologies-, Inc. (NASDAQ: AKAM). ... - Date : Sun, 24 Oct 2010 21:01:28 GMT+00:00
Akamai Making Progress - Morningstar.com Tweet this news
Morningstar.com--by Morningstar Equity Analysts | 11-05-10 | 3:21PM | E-mail Note -Akamai Technologies- AKAM bounced back a bit during the third quarter. ... - Date : Fri, 05 Nov 2010 20:43:43 GMT+00:00
Akamai Technologies Pulling Back; Is It A Buying Opportunity? (AKAM) - Benzinga Tweet this news
Benzinga---Akamai Technologies- (NASDAQ: AKAM) is falling on Monday's trading session. It isn't a large pullback, just 1.18%, but opportunities to buy ... - Date : Mon, 01 Nov 2010 18:25:39 GMT+00:00
Akamai Technologies Q3 2010 Earnings Call Transcript - TheStreet.com Tweet this news
TheStreet.com--By Seeking Alpha 10/27/10 - 10:05 PM EDT Good day, ladies and gentlemen, and welcome to the Third Quarter 2010 -Akamai Technologies-, Inc. Earnings Conference ... - Date : Thu, 28 Oct 2010 19:29:17 GMT+00:00
SMARTREND DETECTS POTENTIAL BREAK OUT IN SHARES OF AKAMAI TECHNOLOGIES (AKAM) - Zacks.com Tweet this news
Zacks.com---Akamai Technologies- closed at $53.65, approximately 2.2% above its previous closing price. SmarTrend will be monitoring shares of AKAM to see if it can push ... - Date : Fri, 05 Nov 2010 12:23:56 GMT+00:00
SmarTrend Detects Potential Break Out In Shares of Akamai Technologies (AKAM) - Investor's Business Daily Tweet this news
Investor's Business Daily--Nov 05, 2010 (SmarTrend(R) News Watch via COMTEX) -- Shares of -Akamai Technologies- (AKAM) traded near a new 52-week high yesterday of $54.10. ... - Date : Fri, 05 Nov 2010 08:30:53 GMT+00:00
Akamai Technologies (AKAM) 10/28/10 PriceWatch Alert Up To 49.34% Return - Market Intelligence Center Tweet this news
Market Intelligence Center---Akamai Technologies- (NASDAQ: AKAM) closed yesterday at $50.39. So far the stock has hit a 52-week low of $20.06 and 52-week high of $53.06. ... - Date : Thu, 28 Oct 2010 14:44:57 GMT+00:00
SMARTREND'S CANDLESTICK SCANNER DETECTS BEARISH ENGULFING PATTERN FOR AKAMAI ... - Zacks.com Tweet this news
Zacks.com--SmarTrend issued a Downtrend alert on shares of -Akamai Technologies- on July 29, 2010 at $39.58 per share (6% return since that call). ... - Date : Tue, 03 Aug 2010 12:14:26 GMT+00:00
Internet Infrastructure Holds Up Amid Broad Losses - Forbes Tweet this news
Forbes--Components of that ETF showing particular strength include shares of Verisign , up about 4.6% and shares of -Akamai Technologies- , up about 3.9% on the day. ... - Date : Tue, 03 Aug 2010 22:48:53 GMT+00:00

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