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Stock Market & Financial Investment News

News Breaks
November 13, 2012
06:35 EDTAKAMAkamai to acquire Verivue
Akamai Technologies and Verivue announced that the two companies have signed a definitive agreement for Akamai to acquire Verivue in a cash transaction. The acquisition is expected to complement Akamai's Aura Network Solutions and accelerate Akamai's time to market in providing a comprehensive, licensed content delivery network, or CDN, solution for network operators. Verivue has approximately 60 employees. The closing of the transaction, which is subject to customary closing conditions, is expected to occur by the end of 2012.
News For AKAM From The Last 14 Days
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July 10, 2014
08:24 EDTAKAMAkamai benefiting from current trends, says Oppenheimer
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July 9, 2014
10:56 EDTAKAMAkamai call activity on attributed to takeover speculation
Akamai June 60 and 60.5 calls are active on total call volume of 4,100 contracts (200 puts) on renewed takeover speculation. July call option implied volatility is at 41, July is at 34, November is at 33; compared to its 26-week average of 35 according to Track Data. Active call volume suggests traders taking positions for large near term price movement.
10:41 EDTAKAMRumor: Akamai strength attributed to takeover speculation

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