Akamai and IBM Announce Strategic Alliance to Improve Web Performance.Business Editors SOMERS, N.Y. and CAMBRIDGE, Mass.--(BUSINESS WIRE)--January 27, 2000 IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) Becomes Systems Integrator and Reseller of Akamai Services; Akamai Selects IBM Netfinity Enterprise-class Servers for Global Deployment IBM (NYSE NYSE See: New York Stock Exchange : IBM) and Akamai Technologies Akamai Technologies, Inc. (NASDAQ: AKAM) is a company that provides a distributed computing platform for global Internet content and application delivery, headquartered in Cambridge, Massachusetts. , Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : AKAM AKAM Akamai Technologies, Inc. (stock abbreviation) AKAM Automated Key Access Machine ) today announced a strategic agreement to establish a set of services that will dramatically speed delivery of content over the Web. As part of a broad alliance between the companies, IBM will use Akamai's technology to build a set of systems integration and application development services to speed and more smoothly handle unpredictable demands on Web sites. Additionally, IBM Global Services IBM Global Services is the world's largest business and technology services provider. It is the fastest growing part of IBM, with over 190,000 professionals serving customers in more than 160 countries. , a world leader in Web hosting and integration, becomes the largest company to resell and integrate Akamai's FreeFlowSM service, a global, high performance service for the delivery of Internet content and applications. The companies also announced that Akamai will purchase and deploy IBM Netfinity enterprise-class servers, running the Linux operating system. As Akamai expands its network's reach, IBM will be Akamai's primary supplier of servers. Furthermore, Akamai will support IBM's standards-based roadmap, known as the Application Framework for e-business, to help customers, partners, and developers get their e-businesses up and running quickly and securely. &uot;This relationship represents a significant step for Akamai,&uot; said George Conrades, Akamai's chairman and chief executive officer. &uot;As a leader in Web hosting and with its global reach, IBM is uniquely equipped to bring Akamai's services to a whole new set of customers. Now, with one-stop shopping at IBM, e-businesses around the world can speed performance using Akamai's content and applications delivery network.&uot; &uot;Servicing our e-business customers requires expertise to manage huge traffic volumes and transactions,&uot; said Doug Elix, senior vice president and group executive, IBM Global Services. &uot;In addition to our Web hosting services, Akamai's technology will allow us to deliver to customers entirely new levels of speed and reliability, which are increasingly seen as two of the critical success factors of any e-business.&uot; According to Elix, IBM is beginning implementation of Akamai's FreeFlow service in customer sites and will use FreeFlow on its own site, www.ibm.com. About Akamai Akamai Technologies is headquartered in Cambridge, Massachusetts, and has offices in San Mateo, California San Mateo is a city in San Mateo County, California, in the San Francisco Bay Area. It is one of the larger suburbs on the San Francisco Peninsula, located between Burlingame to the north, Foster City to the East, and Belmont to the south. , and subsidiaries in Europe. Akamai provides global Internet content, streaming media, and applications delivery services for hundreds of customers, improving Web site speed and reliability and enabling richer, more engaging Web site content. Currently, Akamai has deployed 2000 servers in 40 countries across 100 different telecommunications networks. Akamai (pronounced AH kuh my) is Hawaiian for intelligent, clever and cool. About IBM Global Services IBM Global Services (www.ibm.com/services) is the world's largest information technology services provider. IBM's Web hosting business manages more than 30,000 servers in more than 130 data centers worldwide. IBM's Web hosting customers include high traffic events such as Wimbledon, Ryder Cup, and the upcoming Grammy Awards, as well as leading e-businesses including Macy's, JP Morgan, CIGNA CIGNA CG (Connecticut General Life Insurance Company) INA (Insurance Company of North America) , and the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. . The release contains information about future expectations, plans and prospects of Akamai's management that constitute forward-looking statements for purposes of the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions under The Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors including, but not limited to, the dependence on Akamai's Internet content delivery service, a failure of its network infrastructure, the complexity of its service and the networks on which the service is deployed, the failure to obtain access to transmission capacity and other factors that are discussed in the Company's Registration Statement on Form S-1 and other documents periodically filed with the SEC. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion