Akamai Technologies Secures Major Multi-Year Deal Worth Over $100M

CAMBRIDGE, Mass., February 21, 2025 – Akamai Technologies, a global leader in cybersecurity and cloud computing, has inked a significant multi-year agreement with a top-tier technology company. The agreement, valued at more than $100 million, underscores the industry’s continued faith in Akamai’s robust cloud computing and security solutions.

Akamai’s Comprehensive Cloud Solution Secures High-Stakes Deal

The undisclosed technology giant will utilize Akamai’s full-stack cloud computing platform to enhance its own infrastructure services. This strategic partnership allows the company to leverage Akamai’s comprehensive suite of managed services, ensuring optimal performance and security on a global scale.

“Our global technology clients require unparalleled cloud services that can meet the demands of a distributed user base,” said Adam Karon, COO and GM of Cloud Technology Group at Akamai. “Akamai’s massive scale and low-latency performance will enable an exceptional experience for users, irrespective of their location.”

Key Services to Enhance Global Infrastructure

Akamai will deploy managed Kubernetes clusters within secured virtual private cloud (VPC) environments, a sophisticated solution that optimizes resource allocation and security. This will be complemented by advanced load-balancing solutions that efficiently manage user traffic across different regions. Additionally, Akamai will integrate application and network security measures to provide a comprehensive defense against potential threats.

These services aim to deliver superior performance while maintaining cost-effectiveness, a critical balance for today’s technology-driven enterprises.

About Akamai Technologies

Akamai stands at the forefront of cybersecurity and cloud computing, providing cutting-edge solutions that empower businesses globally. With market-leading security measures and a team of experts offering global operations, Akamai safeguards enterprise data and applications amidst an evolving digital landscape.

Its full-stack cloud solutions are designed to reach the most distributed platforms, ensuring top-tier performance and affordability. Major enterprises trust Akamai’s reliability, scalability, and expertise to support their growth and security needs.

Visit akamai.com and akamai.com/blog for more information. You can also follow Akamai on X and LinkedIn.

Forward-Looking Statements

This press release contains forward-looking statements related to Akamai’s capabilities and the anticipated benefits of this agreement. Investors should be aware that these statements are based on current expectations and involve inherent risks and uncertainties that could cause actual results to differ materially.

Factors that may affect these outcomes include: inability to achieve intended benefits, technical performance issues, competitive pressures, economic fluctuations, geopolitical events, and regulatory changes. For a detailed list of risks, refer to Akamai’s recent filings with the Securities and Exchange Commission.

Contact: Akamai PR, [email protected]