Tags: akamai | google

Akamai Shares Gain on Talk of a Bid from Google

Wednesday, 12 Oct 2011 05:13 PM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

Akamai Technologies Inc. rose as much as 17 percent in late trading after a report fueled speculation that Google Inc. may be close to acquiring it.

“Multiple ad tech industry sources think Google is about to buy Akamai,” according to a report in Business Insider. “It’s mostly just a rumor.”

Akamai, which supplies the computer power that speeds delivery of Internet content, rose to as high as $27.35 in late trading, after closing up 2 cents to $23.37 in regular trading.

© Copyright 2014 Bloomberg News. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
You May Also Like
Around the Web

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved