Akamai AKAM shares up 9% after the open following news of a deal with AT&T T.
AT&T is combining Akamai's industry leading content delivery platform with its
world-renowned IP network to deliver to companies an exclusive suite of global
CDN and telecom solutions that will be jointly marketed, managed and supported
by the two companies. The companies will initially focus their efforts in
North America, with plans to expand globally within 12 months.
The alliance with Akamai represents the latest milestone in AT&T's strategy to
deliver innovative solutions needed by companies that have seen explosive
growth in the use of video and other content, both within their operations and
by the end users they serve. Driven by explosive growth in digital media,
organizations are designing high-performing networking solutions that produce
quality, on-demand results. CDN solutions from AT&T and Akamai will help
enterprises simplify content distribution management and drive
higher-performing end user experiences for consumers accessing content on the
Internet.
Under the terms of the agreement, Akamai will deploy CDN servers at the edge
of AT&T's IP network and in AT&T facilities throughout the United States. With
the deployment of Akamai's CDN infrastructure within AT&T's network
infrastructure, end customers are expected to benefit from more efficient
content routing and better delivery of digital content, video and Web
applications, resulting in a better end-user experience. AT&T will transfer
its existing CDN operations, customers and service to the Akamai platform in
2013.
The companies have also agreed to dedicate shared resources including
technical support, customer care, marketing and professional services
support.
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