what's the target date of AKAM going public?
latest press release:
CAMBRIDGE, Mass./SUNNYVALE, Calif.--(BUSINESS WIRE)--Sept. 22, 1999--Akamai Technologies, which operates a global Internet content delivery service that speeds up Web performance, and Frontier GlobalCenter, the data and Internet arm of Frontier Communications, announced today that they have entered into a strategic relationship that delivers the industry's first complete Web distribution solution. Frontier GlobalCenter will implement Akamai's FreeFlow(SM) Internet content delivery service and make it available to its industry leading content hosting customers.
Akamai is also taking advantage of Frontier's infrastructure that combines the company's Media Distribution Centers (MDC) and the Frontier Optronics Network, a 20,000 route mile, wholly owned fiber optic network. Akamai hosts FreeFlow servers at three of Frontier GlobalCenter's major MDCs domestically and internationally.
Akamai's service speeds up Web site performance and improves reliability by delivering Internet content from Akamai servers around the globe, located close to Internet end users. Frontier GlobalCenter is entering into a relationship to offer Akamai's Internet content delivery service to its customers as a complement to the source data management services it currently provides. As a result, Frontier GlobalCenter will be able to deliver a complete solution for mission-critical Web content distribution for its customers.
Akamai's network today spans the globe with over 900 servers deployed on 25 different service providers' networks. Through its reseller relationship with Akamai, Frontier will be able to offer a set price for coverage worldwide - without geographic surcharges.
``Akamai is excited to welcome Frontier GlobalCenter as the first partner to provide of our Internet content delivery service,' said Earl Galleher, vice president of sales and distribution for Akamai. ``Frontier GlobalCenter manages many of today's highly-trafficked Web sites, including Yahoo!, eToys, Red Hat and ZDNet. Our FreeFlow Internet content delivery service complements Frontier GlobalCenter's core product offering by creating a one-stop-shop for Frontier's customers to receive the best in source data management, together with Akamai's global Internet content delivery service across Internet networks.'
``The Frontier GlobalCenter infrastructure, coupled with Akamai's FreeFlow service, delivers the first complete and fastest Web content distribution service - from source data to the edge of the network,' said Paul Santinelli, vice president, technology and applications for Frontier GlobalCenter. ``The goal at Frontier GlobalCenter has been to increase Web access performance through our infrastructure. We realize our customers' sites are visited by users subscribed to every service provider out there; Akamai enables us to take our content and embed it deeper in other networks where end-users work, live and play.'
About Frontier GlobalCenter
Frontier GlobalCenter, a unit of Frontier Corporation (NYSE: FRO - news), is a leading international Internet Protocol (IP) applications and communications services provider. Frontier recently agreed to merge with Global Crossing Ltd. (NASDAQ:GBLX - news). The combined company will own and operate the first seamless global IP network with more than 88,100 ultra-high bandwidth route miles connecting 170 major cities in 24 countries. For more information, visit the Frontier Web site at www.frontiercorp.com or Frontier GlobalCenter at www.globalcenter.net.
About Akamai
Akamai Technologies is headquartered in Cambridge, Massachusetts. Akamai provides a global Internet content delivery service that improves Web site speed and reliability and protects against Web site crashes due to demand overloads. Currently, Akamai has 900 servers deployed in 15 countries across 25 telecommunications networks, providing Akamai's customers with guaranteed global Internet content delivery service. Akamai (pronounced AH kuh my) is Hawaiian for intelligent, clever and cool. |
