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Saturday, October 6, 2012

What is there to know about Akamai Technologies Inc.

Akamai Technologies, Inc., is an internet content delivery network that founded and developed the mathematical algorithms necessary to handle the dynamic routing of content, a solution to Web congestion. 


Founded in 1998 by Daniel M. Lewin and Professor Tom Leighton. Lewin was fatally stabbed aboard American Airlines Flight 11 as it was hijacked during the September 11 attacks. 



Daniel "Danny" Mark Lewin (May 14, 1970 – September 11, 2001) was an American-Israeli mathematician and entrepreneur 
best known for co-founding internet company 

Akamai Technologies.


Smart or intelligent with connotations of insightful, wise or skillful is what Hawaiian word Akamai means.


In simple language, the benefit is that users can receive content from whichever Akamai server or user is close to them or has a good connection, leading to faster download times and less vulnerability to network congestion or outages. Further, for streaming media Akamai claims to provide better scalability by delivering the content over the last-mile from servers close to end users, avoiding the middle-mile bottleneck of the Internet.


Get a feel for the world's online behavior at any given moment - 
how much rich media is on the move, 
the sheer volume of data in play, 
the number and concentration of worldwide visitors, 
and average connection speeds worldwide.

On July 21, 1999, at Macworld Expo New York, Apple and Akamai announced a strategic partnership to build Apple's new media network, QuickTime TV (QTV), based on QuickTime Streaming Server. Both companies later announced that Apple had made a $12.5 million investment in the company the previous month. 

Apple continues to use Akamai as their primary content delivery network for a wide range of applications including software downloads from Apple's Website, QuickTime movie trailers, and the iTunes Store. 

In September 1999, Microsoft and Akamai formed a strategic relationship to incorporate Windows Media technology in Akamai's FreeFlow service, as well as to facilitate the porting of the FreeFlow product to the Windows platform; this relationship exists to this day. 

Between 2003 and 2009, Akamai’s "revenue grew at a compounded annual growth rate of more than 32%, and also broadened its worldwide customer base, and sourced from Akamai's core content delivery service.

Arabic news network Al-Jazeera was a customer from March 28, 2003 until April 2, 2003, when Akamai decided to end the relationship. The network's English-language managing editor claimed this was due to political pressure. 


Akamai handles 20% of the world's total Web traffic, 
providing a unique view into what's happening on the Web - 
what events are generating traffic, 
how much, from where, and why.

In June 2008, The NewsMarket teamed with Akamai to accelerate dynamic content and applications to global media ahead of the Beijing Olympics

The BBC iPlayer uses Akamai to stream its recorded and live programs, focused through an XML playlist

The official U.S. government White House website uses Akamai Technologies 

The entire China Central Television website, including its streaming video, has been hosted on Akamai’s edge servers since late 2009. Hulu uses Akamai for hosting video. MIT OpenCourseWare utilizes Akamai's EdgeSuite for its content delivery network. 

Trend Micro uses Akamai for their Housecall antivirus application. 

Akamai also provided streaming services to ESPN Star (India) during the course of the ICC Cricket World Cup 2011.Other customers include Facebook, Twitter, AMD, Hilton Worldwide Hotels, Amazon.com (for their dynamic contents) Adobe Systems, Netflix, Cineville, Miles Kimball, J. C. Penney, Yahoo! Blizzard Entertainment, and github

Important Customer Privacy Considerations as listed in Akamai's privacy policy: As Akamai's business develops, Akamai may also offer services on its own behalf or on behalf of business customers directly to consumers that could involve the collection, use or disclosure of personally identifiable information unless otherwise directed by our business customers. 

In March 2005, Akamai signed an agreement to acquire Speedera Networks for 12 million shares of Akamai common stock, valued at $130 million at that time. Both companies also agreed to halt pending lawsuits involving trade secrets and patent infringement. The acquisition was completed in June 2005. 

In November 2006, Akamai acquired Nine Systems Corporation for roughly $164 million using "approximately 2.7 million shares of their common stock, approximately $4.5 million in cash and the assumption of options to purchase approximately 400,000 shares of their common stock." 

On April 12, 2007, Akamai acquired Red Swoosh in exchange for 350,000 shares of Akamai common stock. The acquisition of Red Swoosh was valued at approximately $15 million, net of cash acquired. 

In March 2007, Akamai acquired Netli in exchange for 3.2 million shares of Akamai stock. The acquisition of Netli was valued at approximately $178 million. 

In late 2008, Akamai acquired Acerno, a performance-based ad network, and launched a new division, Advertising Decision Solutions. 

In June 2010, Akamai acquired mobile services platform company Velocitude to support its mobile devices efforts. 

In 2011, Akamai announced it was acquiring Israeli cloud communications competitor Cotendo for $268 million.


Akamai headquarters in Cambridge, Massachusetts

In February 2012, Akamai announced it acquired Blaze Software, which has technology to optimize web page rendering.



Sources : Wikipedia,Wikimedia Commons and Akamai.com

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