Akamai Completes Acquisition of Select Assets of Edgio [Yahoo! Finance]
Akamai Technologies, Inc. (AKAM)
Last akamai technologies, inc. earnings: 4/28 04:01 pm
Check Earnings Report
US:NASDAQ Investor Relations:
ir.akamai.com
Company Research
Source: Yahoo! Finance
and cloud computing company that powers business online, today announced it has completed its acquisition of select assets from Edgio, including certain customer contracts from Edgio's businesses in content delivery and security, and non-exclusive license rights to patents in Edgio's portfolio. On Nov. 26, 2024 , the U.S. Bankruptcy Court for the District of Delaware approved Akamai's bid to acquire the aforementioned assets following Edgio's 363 bankruptcy auction on Nov. 13, 2024 , as part of its filing for Chapter 11 bankruptcy relief. The transaction does not include the acquisition of Edgio personnel, technology, or assets related to the Edgio network. Akamai Technologies, Inc. logo (PRNewsfoto/Akamai Technologies, Inc.) Akamai can now offer several hundred net new Akamai customers a clear path and the necessary support to smoothly migrate to a best-in-class and reliable provider of the services they need prior to Edgio ceasing operations of its content delivery network. The
Show less
Read more
Impact Snapshot
Event Time:
AKAM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
AKAM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
AKAM alerts
High impacting Akamai Technologies, Inc. news events
Weekly update
A roundup of the hottest topics
AKAM
News
- Akamai Technologies (AKAM) Gains As Market Dips: What You Should Know [Yahoo! Finance]Yahoo! Finance
- Video on Demand (VoD) in Hospitality Business Analysis Report 2024: Global Market to Reach $176 Billion by 2030 - Rising Demand for Personalized Guest Experience and Role in Conference Facilities [Yahoo! Finance]Yahoo! Finance
- Recent Accolades Validate Akamai's API Security Solution [Yahoo! Finance]Yahoo! Finance
- Recent Accolades Validate Akamai's API Security SolutionPR Newswire
- Akamai Concludes Buyout of Select Edgio Assets: Will AKAM Stock Gain? [Yahoo! Finance]Yahoo! Finance
AKAM
Earnings
- 11/7/24 - Beat
AKAM
Sec Filings
- 12/16/24 - Form 4
- 12/16/24 - Form 144
- 12/13/24 - Form 4
- AKAM's page on the SEC website