Akamai’s stock surged 10 percent Wednesday after sources told Business Insider that Google was aiming to buy the struggling content delivery network company. Later, a BusinessWeek report cast doubt on the rumors, citing anonymous sources who said no such deal is being planned. However, it’s not the first time Akamai’s been at the center of such speculation. The company delivers online content for huge providers such as Apple and Netflix. Some estimates of the company’s footprint indicate that on any given day, Akamai handles about 20 percent of worldwide Internet traffic.
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Akamai: If Not Google, Then Who?
Posted by: Rachelle Dragani October 13, 2011 10:56 AMAkamai’s stock surged 10 percent Wednesday after sources told Business Insider that Google was aiming to buy the struggling content delivery network company. Later, a BusinessWeek report cast doubt on the rumors, citing anonymous sources who said no such deal is being planned. However, it’s not the first time Akamai’s been at the center of such speculation. The company delivers online content for huge providers such as Apple and Netflix. Some estimates of the company’s footprint indicate that on any given day, Akamai handles about 20 percent of worldwide Internet traffic.