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Akamai

Cotendo Finds $268 Million In Its Christmas Stocking, Courtesy of Akamai

Dec 22, 2011 5:12 PM

Akamai (NSDQ: AKAM) has snapped up a content-delivery network focused on improving video distribution to mobile devices. Cotendo received an early Christmas present from Akamai in the form of $268 million in cash, according to a press release.

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Posted In: Mobile, Money, M&A & Venture Capital, Mergers & Acquisitions, akamai, cotendo

The Royal Wedding: Big Hats, And Bigger Viewing Figures

May 1, 2011 6:33 PM

The numbers are coming in on just how many people tuned in to watch the wedding of Prince William to Kate Middleton. While some are highly skeptical that the event pulled in the 2 billion viewers that the UK government predicted, the event—especially if you count not just the live,…

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Posted In: Entertainment, Features, Tweets, Legal, Regulatory, EC, Media & Publishing, Newspapers, TV, Broadcast, Mobile, Social Media, Video, Companies, Apple, iPad, iPhone, BBC, CBS, Disney, ABC, Facebook, Google, Android, YouTube, Microsoft, MSNBC, NBC Universal, NBC, Telegraph, Twitter, Yahoo, Countries, Europe, UK, akamai, kate middleton, prince william, royal wedding

Appeals Court Shoots Down Akamai’s Patent Claims Against Limelight

Dec 21, 2010 10:01 AM

Plenty of internet companies choose to avoid patent battles, as the drawn-out lawsuits and counter-suits can quickly devolve into what some in the industry call “mutually assured destruction,” with the only winner being the lawyers. But the business of content delivery networks is not one of those industries that shies…

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Posted In: Legal, Appeals, Patents, akamai, cotendo, limelight

Akamai’s Lawsuit Likely To Be A Giant Headache For Startup Cotendo

Nov 11, 2010 8:45 PM

Akamai (NSDQ: AKAM), the biggest company in the content delivery network business by market share, has hit competitor Cotendo with a lawsuit [PDF] claiming that the smaller company infringes on three Akamai patents. While Cotendo has already moved to reassure any customers that it will fight the allegations in court,…

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Posted In: Legal, Patents, akamai, cotendo

Industry Moves
Ex-Publicis Exec David Kenny Joins Akamai As President

Jul 28, 2010 5:34 PM

A month after he announced his departure from his post at Publicis’ digital hub VivaKi, David Kenny, one of the key architects of the ad holding company’s interactive strategy, has decided to join content delivery manager Akamai (NSDQ: AKAM) as president. Kenny will run Akamai’s general business operations, including global…

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Posted In: Advertising, Industry Moves, Marketing, Media & Publishing, akamai, david kenny

Akamai Acquires Mobile Content Platform Velocitude

Jun 10, 2010 10:54 AM

Content delivery manager Akamai Technologies is pushing further into mobile with its purchase of Velocitude, a company that uses the cloud to deliver mobile content. Akamai (NSDQ: AKAM) already has a range of cloud services for running content systems, as well as the delivery of HD video and e-commerce to…

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Posted In: Mobile, Money, M&A & Venture Capital, Mergers & Acquisitions, akamai, velocitude

Akamai Rolls Out HD Video Network For Flash, Silverlight And iPhone

Sep 29, 2009 1:51 PM

People continue to increase the amount of time they spend watching full-length movies and other premium content online—so shouldn’t they be able to watch more of it in HD quality? That’s the premise behind the launch of Akamai’s new HD video network today; the content delivery company has built a…

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Posted In: Entertainment, Movies, High Definitiion, Technologies / Formats, Broadband, akamai

Earnings
Earnings: Akamai’s Revs, Profit Rise—But Still Disappoint The Street

Jul 29, 2009 6:56 PM

Sustained demand for Akamai’s content-delivery services kept the company in the black for Q2, with revenue and profits both up 5 percent year-over-year. Akamai (NSDQ: AKAM) grew its customer base by 9 percent, and managed to thrive throughout the heavy streaming during the Michael Jackson memorial, but its performance still…

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Posted In: Money, Earnings, Technologies / Formats, akamai

White House: Switch From YouTube To Akamai Was About Options, Not Privacy Concerns

Mar 5, 2009 12:09 AM

The Obama Administration has denied that it stopped using YouTube for the President’s weekly video chats because of privacy complaints; White House spokesman Nick Shapiro said the switch to *Akamai* was “more about better understanding our internal capabilities than it is a position on third-party solutions or a policy,” per…

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Posted In: Media & Publishing, Technologies / Formats, Broadband, Companies, Google, YouTube, akamai

Earnings
Earnings: Akamai Beats Expectations; Adds New Customers

Feb 4, 2009 4:05 PM

A rare positive Q408 earnings report from a digital company—today Akamai (NSDQ: AKAM) Technologies reported results for the quarter ending December 31, 2008 ahead of analyst expectations, indicating the company is maintaining market share despite increased competition.  —Revenue of $212.6 million beat expectations of $205 million and grew 8 percent…

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Posted In: Money, Earnings, akamai

Branching Out, Akamai Acquires Ad Targeter Acerno For $95 Million

Oct 21, 2008 9:36 AM

Content delivery network Akamai, looking to build up its “data insight business,” has bought ad targeter acerno for $95 million in cash. The deal is expected to close this quarter and is subject to certain closing adjustments. The purchase of acerno comes as Cambridge, Mass.-based Akamai (NSDQ: AKAM) is attempting…

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Posted In: Advertising, Marketing, Money, M&A & Venture Capital, Mergers & Acquisitions, acerno, akamai

Earnings
Earnings: Akamai’s Net Income Up; Weakening Media Environment

Jul 30, 2008 3:13 PM

Akamai (NSDQ: AKAM), the big CDN, reported its Q208 results today, and its revenue and net income is up for the quarter. Revenues were $194.0 million, a 27 percent increase over Q207 of $152.7 million, and a four percent increase over Q108. The net income was $34.3 million, up from…

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Posted In: Money, Earnings, Technologies / Formats, Broadband, akamai

Court Denies Akamai’s Request For Permanent Injunction Against Limelight

Jul 2, 2008 12:59 AM

The fight in the CDN space continues: In a mixed verdict for Limelight Networks (NSDQ: LLNW),  the U.S. District Court in Massachusetts refused to issue a permanent injunction against it while the case is on appeal and did not give Akamai (NSDQ: AKAM) summary judgment in the case, as the…

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Posted In: Legal, Technologies / Formats, Broadband, akamai, limelight

Earnings
Earnings: Akamai Q1 Up 34 Percent; Income Up 49 Percent

May 1, 2008 11:08 AM

Still not succumbing to a price war, Akamai (NSDQ: AKAM) reported Q1 revenue of $187 million, up 34 percent year-over-year from $139.2 million. On a sequential basis, it was up 2 percent. On an adjusted basis, the company earned $75.6 million ($.41 per share), up 49 percent from $50.7 million…

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Posted In: Money, Earnings, akamai

Filings Watch: Exec Salaries: Moonves’ 28 Percent Raise; Martha Stewart’s $2.06 Million; Akamai

Apr 13, 2008 5:26 PM

From the filings and stories, executive salary watch for some media companies:—MSLO: Martha Stewart, founder of Martha Stewart Living Omnimedia (NYSE: MSO), received $2.06 million in compensation for 2007 while company CEO Susan Lyne received a little over $1 million as the company returned to profitability, reports AP, citing the…

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Posted In: Companies, CBS, akamai, les moonves, martha stewart, mslo, wenda harris millard

10-K Watch: Getty, Interpublic, IAC, Valueclick, Akamai, Navteq, Media General

Mar 3, 2008 7:32 PM

The world’s going crazy with 10-K’s…and we’re making it easy for you. Our motto, just in case you didn’t know: We kill ourselves, so you don’t have to. Some of the main ones below with some relevant points culled out: —Getty (NYSE: GYI) Images: The images company is in the…

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Posted In: Companies, IAC, akamai, getty images, jamba, media general, navteq, valueclick, verisign, wpp

Updated: Akamai Prevails In Court Over Limelight; $45 Million Award; Limelight Shares Crushed

Feb 29, 2008 3:07 PM

This case has been wending its way through the courts for awhile, but Akamai (NSDQ: AKAM) has won the latest round in its longstanding patent infringement case against rival CDN Limelight (NSDQ: LLNW). In a statement, the company said that a Boston jury found that Limelight had infringed on four…

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Posted In: Legal, Patents, akamai, limelight

Earnings: Akamai Q4 Revs Up 14 Percent; Net Income Soars

Feb 6, 2008 4:36 PM

Content delivery network (CDN) provider Akamai (NSDQ: AKAM) reported Q4 revenue of $183.2 million, up 14 percent year-on-year from $161.2 million. Net income grew 73.7 percent to $35.8 million ($.20 per share) from $20.6 million ($.12 per share). On a sequential basis, net income grew 47 percent. The number of…

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Posted In: Money, M&A & Venture Capital, Venture Capital, akamai

Earnings
Earnings: Akamai Q3 Revenue Up 45 Percent, Net Income Up 73 Percent

Oct 24, 2007 3:04 PM

Akamai (NSDQ: AKAM) reported Q3 revenue of $161.2 million, up 45 percent from last year’s $111.5 million. Net income grew to $24.3 million, or $.13 per share, up 73 percent from $14 million, or $.08, last year. The company says it now has 2,616 customers under long-term contracts, up 22…

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Posted In: Money, Earnings, akamai

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