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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.
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May 16, 2013
11:50 EDTAKAMAkamai continues to guide in low 40s for EBITA margins, cites investments
On the company's presentation at the JPM conference a company executive commented that Akamai continues to guide in low 40s for EBITA margins as it makes investments such as an expansion in its salesforce.
May 10, 2013
08:22 EDTAKAMAkamai price target raised to $53 - $56 from $48 - $50 at Wells Fargo
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