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.
News For AKAM From The Last 14 Days
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Akamai upgraded to Outperform from Neutral at Macquarie Macquarie upgraded Akamai to Outperform based on revised 2H consensus margin forecasts and meetings with CDN competitors. The upgrade is not a call on the Q2 report but a longer-term call that media delivery revenue growth could grow in the mid-teens for the next few years driven by increased volumes from HD sporting and other content. Price target raised to $70 from $59.