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GADGETS AND GAMES DIRECTORY :: > Business Register Weblog >  Business Tech Weblogs - WEEKLYBITS.COM GADGETS AND GAMES DIRECTORY
Silicon Alley Insider
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Digital Business, Live From New York.Visit Silicon Alley Insider
Address URLhttp://www.alleyinsider.com/    Registered: 22-Mar-2008
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Visit Akamai Shares Jump On Buyout Chatter. But Who's Buying? (AKAM) Akamai Shares Jump On Buyout Chatter. But Who's Buying? (AKAM) in AKAMLLNW
By Silicon
el 22-Aug-2008

akamai-color-logo.jpgAkamai Technologies (AKAM) shares are up 6.3% today to $24.02 on "renewed takeover chatter."

With a $4 billion market cap/$3.7 billion enterprise value, the content delivery network could be an easy acquisition for many big telecom operators or Internet companies.

So who might buy? The usual suspects include AT&T, foreign telcos, or possibly Internet giants like Microsoft. But so far, we haven't seen any specific names being tossed around with today's rumor.

Another possibility for the stock jump: Potential good news from Akamai's patent case with rival Limelight Networks (LLNW).

Know more? Let us know in comments below, by email to dfrommer@alleyinsider.com, or via our anonymous tips box.

See Also:
Buy Limelight On Olympics Upside, Potential Akamai Deal, Says Jefferies
Akamai CEO: Media And Entertainment Business Growing Slower Online
Akamai Q2 Sales Light, Profits In Line, Guidance Very Weak



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Akamai Shares Jump On Buyout Chatter. But Who

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Macworld 2009 Gallery: Live From San Francisco (AAPL)

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06-Jan-2009
Macworld 2009 Gallery: Live From San Francisco (AAPL)

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06-Jan-2009
Macworld 2009 Gallery: Live From San Francisco (AAPL)

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06-Jan-2009

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