Akamai reports DDoS attack traffic up 75% year-over-year Akamai released its Q4 State of the Internet Report. Based on data gathered from the Akamai Intelligent Platform. In Q4, more than 780M IPv4 addresses from 238 unique countries/regions connected to the Akamai Intelligent Platform. This translates to nearly 3% more than in tQ3 and 10% more than in 4Q12. Quarterly growth was also seen in eight of the top 10 countries/regions, with the greatest increase once again seen in Brazil, which added nearly 8%. Average connection speeds in top 10 countries/regions now at/above the "high broadband" threshold of 10 Mbps. Global average peak connection speed experiences 38 percent growth in 2013; Hong Kong tops list with highest average peak connection speed of 68 Mbps.
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.