Welcome to our dedicated page for Akamai Technologies news (Ticker: AKAM), a resource for investors and traders seeking the latest updates and insights on Akamai Technologies stock.
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 (NASDAQ: AKAM) has announced a partnership with Plume to enhance Smart Home Services for broadband subscribers. This collaboration enables Akamai's global customer network and sales teams to access Plume's services, focusing on security and personalized experiences. The combined offerings aim to increase average revenue per user (ARPU), improve customer satisfaction (NPS), and reduce operational costs. The partnership leverages Akamai's threat intelligence and Plume's Consumer Experience Management Platform to enhance digital service delivery across fixed and mobile networks.
Akamai Technologies (NASDAQ: AKAM) has announced a virtual Investor Summit scheduled for February 25, 2021, starting at 8:30 a.m. ET. Management will discuss key priorities and may share forward-looking financial guidance. Attendees can register for a live webcast through Akamai's website, with an archive available afterwards for a limited time. Akamai's intelligent edge platform secures and delivers digital experiences, serving some of the world’s largest companies.
Akamai Technologies (NASDAQ: AKAM) will hold an investor conference call on February 9, 2021, at 4:30 p.m. ET to discuss its fourth quarter and full year 2020 financial results. This call may include forward-looking financial guidance from management. Investors can dial in using the U.S. number (844) 578-9671 or the international number (508) 637-5655, with a Conference ID of 1944449. A replay will be available for two weeks following the call. Akamai is recognized for securing and delivering digital experiences for major global companies.
Akamai Technologies (NASDAQ: AKAM) announced the launch of a new Akamai Partner Program aimed at enhancing channel partners' capabilities to offer high-value services. The program introduces a 6-month transition period for partners, featuring new training, certification levels, and financial incentives. This initiative is designed to provide more flexibility and earning potential for partners while allowing them to independently handle customer needs across Akamai's products. The company aims to strengthen its market presence and partner relations through this initiative.
Akamai (NASDAQ: AKAM) has announced a partnership with Telenor Myanmar, launching the SPS Shield product to enhance cybersecurity for Telenor's business customers. This service protects against various online threats like bots and phishing without requiring additional software or hardware. SPS Shield is part of Akamai's Security and Personalization Services portfolio, designed for ISPs and MNOs. It leverages AI-driven threat intelligence to ensure robust protection. Telenor Myanmar, serving 17 million customers, emphasizes the importance of customer security in maintaining trust.
Akamai Foundation has announced the recipients of its 2020 global STEM education grants aimed at enhancing technology innovation in underserved communities. Supported by Akamai Technologies (NASDAQ: AKAM), the grants focus on promoting excellence in mathematics for K-12 students in regions including Atlanta, Boston, Costa Rica, and India. In 2020, the Foundation provided $1.1 million for COVID-19 relief and an additional $20 million for diversity initiatives in tech. Future grant proposals will be accepted in early 2021.
Akamai Technologies, Inc. (NASDAQ: AKAM) has been recognized in the 2020 Dow Jones Sustainability Index (DJSI) and FTSE4Good Index, highlighting its commitment to environmental, social, and governance (ESG) standards. This marks Akamai's inclusion in the DJSI North America for the eighth consecutive year, with improved scores across governance, environmental, and social dimensions. The FTSE4Good Index also acknowledged Akamai for the sixth year in a row. These recognitions reflect Akamai's dedication to ethical operations and sustainability, along with its corporate responsibility initiatives, particularly in response to global issues like COVID-19.
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