Akamai Technologies, Inc. Announces Initial Public Offering.CAMBRIDGE, Mass.--(BUSINESS WIRE)--Oct. 29, 1999-- Akamai Technologies, Inc. (Nasdaq:AKAM AKAM Akamai Technologies, Inc. (stock abbreviation) AKAM Automated Key Access Machine ) today announced the initial public offering of its common stock on the Nasdaq National Market under the symbol "AKAM." The initial public offering price for the 9.0 million shares was $26. All of the shares were offered by Akamai Technologies, Inc. The offering was led by Morgan Stanley Dean Witter, and co-managed by Donaldson, Lufkin & Jenrette, Salomon Smith Barney and Thomas Weisel Partners Thomas Weisel Partners Group, Inc. (NASDAQ: TWPG), often shortened to just TWP or TWeisel, is a U.S. middle-market and growth focused investment banking firm based in San Francisco, California. LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control . A copy of the final prospectus Final Prospectus A legal document stating the price of a newly issued security, the delivery date, and other facts that are important for investors. Notes: The final prospectus must be given to every investor who purchases a new issue of registered securities. may be obtained from the offices of Morgan Stanley Dean Witter, 1585 Broadway, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , NY 10036. The Company anticipates using net proceeds Net Proceeds The amount received after all costs are deducted from the sale of a piece of property or security. Notes: In the case of an investor selling a security, net proceeds represent the proceeds from the sale minus any trading costs (i.e. commissions). from the offering for working capital and general corporate purposes. A registration statement relating to these securities was filed and declared effective by the Securities and Exchange Commission. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About Akamai Technologies Akamai Technologies is headquartered in Cambridge, Massachusetts. Akamai provides a global Internet content delivery service that improves Web site speed and reliability and enables richer, more engaging Web site content. Currently, Akamai has over 1,475 servers deployed in 24 countries across 55 telecommunications networks. Akamai (pronounced AH kuh my) is Hawaiian for intelligent, clever and cool. |
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