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Akamai Technologies Inc - AKAM STOCK NEWS

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.

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Akamai Technologies to hold conference call for investors on November 7, 2023
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Akamai Technologies announces new capabilities to its Client-Side Protection & Compliance product to help organizations ensure compliance with PCI DSS v4.0 JavaScript security requirements. The new capabilities include script inventory management, a PCI DSS v4.0 dashboard, and dedicated PCI alerts. These capabilities streamline compliance workflows and provide extensive visibility into the client-side attack surface. Businesses across all industries that accept payments online need to prepare for the upcoming PCI DSS v4.0 deadline. Forrester's report highlights client-side protection as a key technology that financial services and insurance organizations plan to adopt this year.
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Akamai Technologies releases Client-Side Protection & Compliance product in Microsoft Azure Marketplace, providing extensive visibility into client-side attack surface and helping streamline compliance workflows. Critical PCI DSS v4.0 compliance capabilities include script inventory management, PCI DSS v4.0 dashboard, and dedicated PCI alerts. Akamai aims to simplify compliance process and protect end-user payment card data.
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Financial services has surpassed gaming as the top vertical for DDoS attacks. Application and API attacks in the financial services vertical grew by 65% from Q2 2022 to Q2 2023, totaling over 9 billion attacks. The Europe, Middle East, and Africa region accounts for 63.5% of DDoS events. Financial services remains the most targeted web attack vertical in the APJ region. The number of malicious bot requests increased by 69%. LFI vulnerabilities are driving the surge in web application and API attacks with 53% growth in the last year.
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Akamai Technologies announces seven new core compute regions across Europe, Asia, North America, and Latin America, including Amsterdam, Jakarta, Los Angeles, Miami, Milan, Osaka, and São Paulo. The addition of São Paulo and Miami makes it easier for companies to do business in Latin America and positions Akamai as a strong competitor in the market. Akamai's cloud computing services are ideal for high-performance workloads and the company emphasizes a distributed and decentralized cloud architecture. The new regions expand Akamai's cloud computing network and improve connectivity and user experience.
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Ateme joins Akamai Qualified Computing Partner Program, offering high-quality video-delivery solutions to Akamai customers. Ateme's solution running on Akamai provides low latency, better throughput, and cost benefits. Partnership enhances Akamai's cloud computing services.
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Akamai partners with Corero Network Security to offer comprehensive DDoS protection solutions
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Akamai study shows M&E businesses considering moving away from legacy cloud providers due to cost pressures. High customer expectations driving cloud adoption. Concerns about existing cloud infrastructures future-proofing industry's growth. Rising costs and increasing data volume are top challenges. Storage is the most common streaming use case for cloud services. Businesses look to cloud providers for competitive advantage and improved customer experience.
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Akamai acquires assets from StackPath, adding $20 million in revenue and $0.03-0.05 EPS in 2024. No material impact on Q3 or full-year 2023.
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Akamai Technologies releases survey on specialized defenses against bots, ATO attacks, script risks, and audience hijacking. 89% of respondents use third-party solutions to combat bots, with 97% reporting improvement. 79% experienced ATO attacks, with 66% seeing significant improvement. 81% targeted by script risks, with 71% seeing a significant reduction. 26% impacted by audience hijacking. Regional breakdown shows high rates of attacks in the US and APAC.
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FAQ

What is the current stock price of Akamai Technologies (AKAM)?

The current stock price of Akamai Technologies (AKAM) is $96.91 as of December 24, 2024.

What is the market cap of Akamai Technologies (AKAM)?

The market cap of Akamai Technologies (AKAM) is approximately 14.6B.

What does Akamai Technologies Inc. do?

Akamai Technologies Inc. provides content delivery network (CDN), cloud security, and edge computing solutions aimed at improving the performance and security of online assets.

What is the Akamai Intelligent Platform™?

The Akamai Intelligent Platform™ is a globally distributed infrastructure that enables businesses to securely deliver fast and reliable user experiences on any device, anywhere.

How many servers does Akamai operate worldwide?

Akamai operates over 325,000 servers distributed across more than 1,000 cities worldwide.

What recent partnership has Akamai announced?

Akamai has partnered with Neural Magic to enhance deep learning capabilities on its cloud infrastructure, focusing on efficient AI deployment on CPU-based servers.

What security solutions does Akamai offer?

Akamai offers robust security solutions including DDoS protection, DNS infrastructure security through Shield NS53, and API security compliant with the latest PCI DSS standards.

What is the significance of Akamai’s acquisition of Noname Security?

The acquisition of Noname Security will enhance Akamai's API protection capabilities, helping to address the growing market demand for comprehensive API security solutions.

How has Akamai's financial performance been in recent quarters?

Akamai has shown significant growth in its security and compute revenue, contributing to a robust overall financial performance.

How does Akamai support live-streaming services?

Akamai supports live-streaming services through collaborations with companies like EZDRM, offering digital rights management solutions that operate in conjunction with edge encoders and packagers.

Where can I find more information about Akamai’s cloud computing solutions?

More information about Akamai’s cloud computing solutions can be found on their website at akamai.com.

What are some key achievements of Akamai in recent times?

Key achievements include the partnership with Neural Magic for AI deployments, the launch of Shield NS53 for DNS protection, achieving PCI DSS compliance for API security, and the acquisition of Noname Security to enhance API protection.

Akamai Technologies Inc

Nasdaq:AKAM

AKAM Rankings

AKAM Stock Data

14.56B
147.40M
1.84%
98.73%
5.98%
Software - Infrastructure
Services-business Services, Nec
Link
United States of America
CAMBRIDGE