Tag Archives: akam

Limelight, Level 3 Combo Seen As Strong Akamai Rival

Combining Limelight Networks and Level 3 Communications’ CDN business would create a formidable rival to Akamai Technologies (AKAM), speculates Macquarie Capital. Akamai is the No. 1 provider of content delivery network (CDN) services to media and entertainment companies. Broomfield, Colo.-based Level 3, a survivor of the telecom fiber-optic bust, last year acquired TW Telecom, continuing its roll-up of long-distance phone companies and becoming a

Apple Silence On Web TV Deals Akamai A Downgrade

Akamai Technologies’ (AKAM) stock took a downgrade on Tuesday from Macquarie Capital, which pointed to Apple’s delay in announcing a Web TV streaming product. At its Worldwide Developers Conference on Monday, Apple (AAPL) said not a word about plans to launch an Internet TV service. Akamai, the biggest provider of content delivery network (CDN) services to media and entertainment companies, has been investing in its network to support Apple’s much

Akamai Downgraded As CDN Growth May Stoke Competition

Akamai Technologies’ (AKAM) revenue growth could invite more competition and price cutting, says Oppenheimer, which downgraded the stock on Tuesday, also citing valuation. Akamai stock has climbed 22% in 2015, hitting an all-time high of 78.44 on Thursday. Shares of rival Limelight Networks (LLNW) have jumped 55% this year, though Limelight stock still trades well under 5; it touched a more than three-year high of 4.34 on Monday. Akamai and