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Technology Stocks : Akamai (AKAM)

AKAM 75.10

+1.6%

Oct 31 9:30 AM EST

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From: JakeStraw	9/28/2016 7:43:45 AM
	of 695

Akamai Acquires Data Processing Provider Concord Systems finance.yahoo.com Data collection and processing from many sources back to an origin requires scale and reliability across the Internet. Concord software provides a unique framework for data aggregation, filtering, and analysis of highly-distributed big data use cases. "Concord brings a fresh, innovative and modern approach to some of the challenges and hard problems related to processing big data," said Ash Kulkarni, senior vice president of Akamai's Web Experience Division. "Their team has developed critical software that enables the dynamic deployment of customer logic at scale. Together, their expertise will be a strong complement to Akamai, and we believe their technology is applicable across a number of different use cases."

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