Akamai Technology Inc. (NASDAQ: AKAM) has acquired Canadian firm Blaze Software Inc. for an unspecified amount of cash. In its announcement, Akamai said:
The acquisition is expected to complement Akamai’s market-leading site acceleration solutions with technology designed to optimize the speed at which a web page is rendered, regardless of end user device.
Blaze’s product “automatically optimize[s] the code on a web page during the delivery process to ensure faster transmission of content and a faster rendering of the page, whether served to a PC, tablet or smartphone.”
Akamai shares are up about 2.4% at $34.46 in the first 10 minutes of trading this morning, in a 52-week range of $18.25-$49.38.
Smart Investors Are Quietly Loading Up on These “Dividend Legends”
If you want your portfolio to pay you cash like clockwork, it’s time to stop blindly following conventional wisdom like relying on Dividend Aristocrats.
There’s a better option, and we want to show you. We’re offering a brand-new report on 2 stocks we believe offer the rare combination of a high dividend yield and significant stock appreciation upside.
If you’re tired of feeling one step behind in this market, this free report is a must-read for you.
By providing your email address, you agree to receive communications from us regarding website updates and other offerings that may be of interest to you.
You have the option to opt-out of these emails at any moment. For more information, please review our Disclaimer and Terms of Use.
