Akamai and Orange form content delivery strategic alliance Orange and Akamai have announced a strategic alliance to address the growing needs of the enterprise sector for improved content delivery. Orange has agreed to use technology from Akamai's Aura Network Solutions to provide CDN services to business customers. Upon deployment, the operator's enterprise division Orange Business Services will market these solutions initially in France. In addition, the two groups have formed an innovation steering committee to identify areas of innovation in the field of CDN solutions.
Akamai should be bought on any weakness, says RW Baird Baird said investors should be opportunistic buyers on any weakness in Akamai, as the firm's conviction in the strength and drivers of the company's underlying trends were solidified following meetings with management. Baird reiterated its Outperform rating and $71 price target on Akamai shares.