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Akamai Technologies

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Akamai Technologies, Inc.
Company typePublic (NasdaqAKAM)
IndustryInternet hosting services
Founded1998
HeadquartersCambridge, Massachusetts, United States
Key people
George H. Conrades, Chairman
Paul L. Sagan, President & CEO
ProductsContent delivery
RevenueIncrease$428.672 Million USD (2006)
658,534,000 United States dollar (2020) Edit this on Wikidata
Increase$57.401 Million USD (2006)
Total assets7,764,130,000 United States dollar (2020) Edit this on Wikidata
Number of employees
1,058 [2006]
Websitehttp://www.akamai.com/

Akamai Technologies, Inc. (NasdaqAKAM) is a company that provides a distributed computing platform for global Internet content and application delivery, headquartered in Cambridge, Massachusetts. The company was founded by then-MIT graduate student Daniel Lewin, along with MIT Applied Mathematics professor Tom Leighton and MIT Sloan School of Management students Jonathan Seelig and Preetish Nijhawan. Leighton still serves as Akamai's Chief Scientist. Akamai is a Hawaiian word meaning smart or intelligent.

Content delivery to a user

Akamai content delivery to a user

Akamai transparently mirrors content (usually media objects such as audio, graphics, animation, video) stored on customer servers. Though the domain name is the same, the IP address points to an Akamai server rather than the customer's server. The Akamai server is automatically picked depending on the type of content and the user's network location.

In addition to image caching, Akamai provides services which accelerate dynamic and personalized content, J2EE-compliant applications, and streaming media.

An example of Akamai's streaming media solutions include its collaboration with GlobalTec to produce WizeTrade TV.[1]

Red Swoosh Acquisition

On April 12, 2007 Akamai acquired Red Swoosh in an all-stock merger transaction. The acquisition of Red Swoosh was valued at approximately $15 million, net of cash acquired.

Customers

Akamai's customers include Yahoo!, eBay, Microsoft, Apple Inc., Facebook, Friendster, Amazon.com, Symantec, McAfee, Adobe, IBM, Xerox, CBS, NBC, ESPN, NBA, NHL, FedEx, BBC News, Channel 4, Reuters, Monster.com, BestBuy.com, Newegg.com, Match.com, PC World, Victoria's Secret, Ticketmaster, Fandango, Musician's Friend, American Express, E*TRADE, Airbus, Qantas, the U.S. Air Force, NASA, the White House, Music Television (MTV), Wizetrade, AOL Radio, Sirius Satellite Radio, GameFly and XM Satellite Radio.[2]

Arabic news network Al-Jazeera was a customer from 28 March 2003 until 2 April 2003, when Akamai decided to end the relationship.[3] The network's English-language managing editor claimed this was due to political pressure.[4] Akamai co-founder Daniel Lewin was killed aboard American Airlines flight 11 which was crashed in the September 11, 2001 attacks.

See also

References

  1. ^ "GlobalTec, Akamai Technologies Team Up to Launch Wizetrade TV(TM); First and Only Online TV Network Dedicated to Traders". PRNewsWire.
  2. ^ (Partial) list of Akamai customers
  3. ^ Akamai ends Al Jazeera server support
  4. ^ Al Jazeera Denied Akamai Services