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Akamai Technologies Inc. (NASDAQ: AKAM), based in Cambridge, Mass., operates one of the world's largest and most recognized cloud platforms. The company’s core services include content delivery network (CDN), cloud security, and edge computing solutions. Akamai's extensive infrastructure includes over 325,000 servers distributed across more than 1,000 cities globally, ensuring that content is delivered with superior speed, security, and reliability.
One of Akamai's standout offerings is the Akamai Intelligent Platform™, which enables businesses to securely deliver high-performing user experiences on any device, anywhere. This platform is integral to the company's mission to remove technological complexities, allowing clients to focus on business acceleration and embracing modern trends like cloud, mobile, and media, while also mitigating the challenges posed by security threats.
Akamai's services are used extensively in e-commerce, media, and technological sectors. The company recently announced a partnership with Neural Magic to deploy high-powered AI software across its infrastructure, enhancing deep learning capabilities on cost-effective CPU-based servers. This partnership exemplifies Akamai’s commitment to cutting-edge innovation and enhancing its cloud computing and security offerings.
Adding to its diverse portfolio, Akamai has launched the Shield NS53 to protect DNS infrastructure against resource exhaustion attacks, complementing their existing DDoS protection and DNS solutions. Furthermore, Akamai's API Security product has achieved the latest PCI DSS compliance, highlighting its robust security measures for handling sensitive data.
Additionally, Akamai's acquisition of Noname Security is set to bolster its API protection capabilities, addressing the growing demand for API security solutions. The company has also demonstrated significant financial growth, with a notable increase in security and compute revenue, and continues to expand its market presence through strategic acquisitions and partnerships.
For the latest corporate updates, follow Akamai on social platforms like X (formerly Twitter) and LinkedIn, or visit their website at akamai.com.
Akamai Technologies (NASDAQ: AKAM) announced the launch of Linode Managed Database, a service supporting MySQL, PostgreSQL, Redis, and MongoDB, aimed at simplifying database deployment for developers. This product is the first offering in Akamai's compute line following its acquisition of Linode in March 2022. Linode Managed Database enables users to automate database management tasks to reduce downtime risks and improve efficiency. Initial support is available for MySQL across 11 global data centers, with additional database support expected in Q2 2022.
Akamai Technologies (NASDAQ: AKAM) will host a conference call on May 3, 2022, at 4:30 p.m. ET to discuss its first quarter 2022 financial results. The call may include forward-looking financial guidance from management. Interested investors can join via a live dial-in or listen to the broadcast on Akamai's Investor Relations page. A replay of the call will be available for two weeks post-event. Akamai provides digital solutions for security and performance, serving clients globally.
Akamai Technologies has been recognized as a Leader in the 2022 Forrester Bot Management Wave report, evaluated among 15 vendors. The report highlights Akamai's strength in bot detection with advanced machine learning and 16 layers of security. It emphasizes Akamai's proactive approach to evolving threats, showcasing solutions like Account Protector. Akamai handles over 11.5 billion bot requests daily, demonstrating significant market presence and capability. The recognition reflects customer satisfaction with Akamai's ongoing effectiveness in managing security challenges in a complex landscape.
Akamai Technologies (NASDAQ: AKAM) will hold an in-person Analyst Day on May 18, 2022, in New York City. The event begins at 8:30 a.m. ET and will feature presentations from CEO Tom Leighton, CFO Ed McGowan, and other executives, discussing Akamai's strategy, market opportunities, and financial model. Attendees can access the event live through the Investor Relations section of Akamai's website. Registration details are available here.
Akamai Technologies has finalized its acquisition of Linode for approximately $900 million. This strategic move, announced on February 15, aims to enhance Akamai's cloud computing capabilities by integrating Linode's developer-friendly platform with its leading edge and security services. The merger is expected to provide businesses with a massively distributed platform for application development and security, bolstering Akamai's market position as a top cloud service provider.
Akamai Technologies (NASDAQ: AKAM) has been recognized as a Leader in The Forrester New Wave™: Microsegmentation, Q1 2022 evaluation. The report assessed nine vendors, highlighting Akamai Guardicore Segmentation for its innovative security approach. With a differentiated rating in several categories such as policy enforcement and product vision, Akamai's solutions streamline Zero Trust initiatives effectively. Pavel Gurvich, SVP & GM, emphasized the platform’s flexibility and its ability to defend against advanced threats like ransomware. Akamai aims to enhance microsegmentation capabilities as part of its Zero Trust strategy.
Akamai Technologies (NASDAQ: AKAM) announced its agreement to acquire Linode for approximately $900 million, positioning itself as the world's most distributed cloud services provider. This acquisition aims to combine Linode's user-friendly infrastructure-as-a-service with Akamai's edge computing and security capabilities. Expected to close in Q1 2022, the deal is projected to add $100 million in revenue and slightly enhance non-GAAP EPS by $0.05-$0.06 for fiscal 2022. The integration promises significant benefits for developers by providing an expansive platform for application development.
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