REPEAT/Compaq and Akamai Enter Into Broad Agreement.Business/Technology Editors
STOW, Mass. and CAMBRIDGE, Mass.--(BUSINESS WIRE)--Sept. 11, 2001
Compaq Global Services to resell Akamai's EdgeSuite(SM) service
and license its EdgeScape(SM) technology; Akamai to feature Compaq
servers in global network
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 ) and Compaq Computer Corporation (company) Compaq Computer Corporation - The largest US manufacturer and vendor of IBM PC compatible personal computers and servers. Compaq was started in 1982 by three ex-Texas Instruments employees.
Quarterly sales $2499M, profits $210M (Aug 1994).
http://compaq.com/. (NYSE NYSE
See: New York Stock Exchange : CPQ CPQ Compaq
CPQ Conseil du Patronat du Québec (Canada)
CPQ Conseil de Presse du Québec (Québec Press Council, Canada)
CPQ Companion Parrot Quarterly ) announced today that they have entered into an agreement to provide enterprise customers with the expertise, hardware and software to design and implement customized web infrastructures.
As part of the agreement, Compaq Global Services will resell EdgeSuite, Akamai's flagship service that enables the assembly, presentation and delivery of an enterprise's data and applications via Akamai's global network. Akamai will designate Compaq as a preferred vendor of servers - Compaq's market-leading ProLiant(TM) servers -- and related support to power Akamai's global content delivery network.
Compaq will license Akamai's EdgeScape content-targeting technology to provide its services organization with applications and diagnostic tools for analyzing web user data, and to design intelligent site architecture for enterprises. As a flagship Akamai Consulting Partner, Compaq Global Services sales and technical forces will be trained and certified to integrate ESI (Edge Side Includes) A markup language for Web pages that enables elements of a Web page to be dynamically assembled in servers distributed throughout the Internet. and resell EdgeSuite, creating the largest organization of ESI-certified professionals in the industry.
"This partnership will help customers get even the most dynamic of content to their users around the world faster and more reliably," said Thracy Varvoglis, vice president, Compaq Global Services. "With certified Compaq consultants integrating EdgeSuite with Oracle's 9iAS -- delivered on Compaq servers -- this relationship will help us drive Compaq's strategy of providing innovation through mission-critical services and partnerships."
"Compaq Global Services makes it possible for far more enterprises to secure world-class services and products on a global scale from a single source," said Michael Ruffolo, executive vice president, Akamai. "As CIOs think about migrating their information technology infrastructures to a Web-based platform, they will benefit from the superior technology of our EdgeSuite service combined seamlessly with the high-level services that Compaq delivers. Through this agreement with Compaq, one of the largest consulting organizations in the world will be able to sell the value of application and content distribution via EdgeSuite."
The Akamai EdgeSuite service is an integrated set of functionalities designed to reduce Internet infrastructure costs and complexities by extending the performance, scalability, and reliability benefits of content delivery across an organization's entire Web site, including Web-based applications. Akamai's EdgeSuite service enables the generation and delivery of dynamic content by constructing Web pages from component pieces that can be targeted and delivered from locations optimized for each end user. Given today's challenged IT budgets, EdgeSuite allows businesses to outsource critical Web infrastructure to Akamai, realizing significant cost savings and measurably improving performance and reliability at the same time.
ESI is a simple markup language markup language
Standard text-encoding system consisting of a set of symbols inserted in a text document to control its structure, formatting, or the relationship among its parts. The most widely used markup languages are SGML, HTML, and XML. used to define Web page components for dynamic assembly and delivery of Web applications at the network edge. Akamai is a co-author of the submission made to the W3C (World Wide Web Consortium, www.w3.org) An international industry consortium founded in 1994 by Tim Berners-Lee to develop standards for the Web. It is hosted in the U.S. by the Computer Science and Artificial Intelligence Laboratory (CSAIL) at MIT (www.csail.mit.edu/index.php). in May of this year. In addition to Akamai, leaders in the Application Server, Content Management Systems, and Content Delivery Networks markets took part in authoring the specification. ESI enables companies to develop Web applications once and choose at deployment time where the application should be assembled - on the application server, the content management system or the content delivery network, thus reducing complexity, development time and deployment costs. For more information on ESI, and other co-authors and supporters of the ESI specification, including an ESI Overview and technical documents, visit www.esi.org
Akamai is the leading provider of distributed application An application made up of distinct components running in separate runtime environments, usually on different platforms connected via a network. Typical distributed applications and content delivery services See CDN. . These services enable companies to reduce the complexity and cost of deploying and operating a uniform Web infrastructure while ensuring unmatched performance, reliability, scalability and manageability. Akamai's services give businesses a distinct competitive advantage and provide an unparalleled Internet experience for their customers. Akamai's intelligent edge platform for content, streaming media See streaming audio, streaming video and digital media hub. , and application delivery comprises more than 11,600 servers within over 820 networks in 62 countries. With headquarters in Cambridge, Massachusetts, Akamai provides services to companies worldwide. For information on Delivering a Better Internet(SM), visit www.akamai.com.
Founded in 1982, Compaq Computer Corporation ("Compaq") is a leading global provider of enterprise technology and solutions. Compaq designs, develops, manufactures and markets hardware, software, solutions and services, including industry-leading enterprise storage and computing solutions, fault-tolerant business-critical solutions, communication products, and desktop and portable personal computers that are sold in more than 200 countries. Information on Compaq and its products and services is available at www.compaq.com.
Akamai Statement 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
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 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, general economic conditions, any material, unexpected increases in Akamai's use of funds, the dependence on Akamai's Internet content delivery service and technology products, lack of market acceptance of new services, including EdgeSuite, a failure by us to successfully enter into any license, technology development or other technology partnership agreement within the time periods expected by us or at all, a failure of Akamai's network infrastructure, and other factors that are discussed in the Company's Annual Report on Form 10-K Form 10-K
A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information.
See 10-K. , quarterly reports on Form 10-Q Form 10-Q
See 10-Q. , and other documents periodically filed with the SEC.