History of Akamai Technologies in Timeline

Akamai Technologies, Inc., based in Cambridge, Massachusetts, is a leading American content delivery network (CDN) provider. With a vast global server network, Akamai offers services like cybersecurity, DDoS mitigation, and cloud solutions to clients globally. Their primary focus is on enhancing the performance and security of websites and web services for their customers.

August 1998: Akamai Develops Working Prototype

By August 1998, Akamai had successfully developed a working prototype of their technology, demonstrating the feasibility of their innovative approach.

August 20, 1998: Akamai Technologies Incorporated

On August 20, 1998, Akamai Technologies was officially incorporated, marking a significant step in the company's journey.

1998: Building the Akamai Team

In late 1998 and early 1999, Akamai strategically expanded its team, bringing on board experienced business professionals and scientists.

April 1999: Akamai Launches Commercial Service and Appoints George Conrades as CEO

Akamai marked two significant events in April 1999: the launch of its commercial service and the appointment of George Conrades, a seasoned technology executive, as its CEO.

July 21, 1999: Apple and Akamai Announce Strategic Partnership

Apple and Akamai announced a strategic partnership on July 21, 1999, with the aim of building Apple's new media network, QuickTime TV (QTV). This collaboration involved leveraging Akamai's technology to power Apple's streaming services.

September 1999: Microsoft and Akamai Form Strategic Relationship

In September 1999, Microsoft and Akamai established a strategic relationship focused on integrating Windows Media technology into Akamai's FreeFlow service.

October 29, 1999: Akamai Goes Public on NASDAQ

Akamai Technologies celebrated a major milestone on October 29, 1999, by going public and listing its shares on the NASDAQ Stock Market.

July 1, 2001: Akamai Joins Russell 3000 and 2000 Indexes

Akamai's growing influence in the market was further solidified on July 1, 2001, when it was included in both the Russell 3000 and Russell 2000 Indexes.

September 11, 2001: Akamai Co-founder Daniel M. Lewin Killed in September 11 Attacks

The Akamai community experienced a profound loss on September 11, 2001, when co-founder Daniel M. Lewin tragically lost his life in the terrorist attacks.

March 28, 2003: Al-Jazeera Becomes an Akamai Customer

On March 28, 2003, Al-Jazeera, the Arabic news network, became a customer of Akamai.

April 2, 2003: Akamai Ends Relationship with Al-Jazeera

Akamai made the decision to end its business relationship with Al-Jazeera on April 2, 2003.

2005: Paul Sagan Takes the Helm as CEO

In 2005, Paul Sagan was appointed as CEO of Akamai, succeeding George Conrades and embarking on a mission to diversify and expand the company's offerings.

July 2007: Akamai Joins the S&P 500 Index

In July 2007, Akamai Technologies achieved a significant milestone by being included in the prestigious S&P 500 Index.

June 2008: The NewsMarket Partners with Akamai for Beijing Olympics

In preparation for the 2008 Beijing Olympics, The NewsMarket collaborated with Akamai to ensure the seamless delivery of dynamic content and applications to a global media audience.

2009: Akamai Hosts Major Websites and Services

By late 2009, Akamai's edge servers were hosting prominent platforms like the entire China Central Television website, Hulu's video content, and MIT OpenCourseWare's resources, showcasing Akamai's role in supporting high-traffic online services.

2011: Akamai Provides Streaming Services for ICC Cricket World Cup

During the 2011 ICC Cricket World Cup, Akamai played a crucial role by providing streaming services to ESPN Star (India), ensuring fans could enjoy the tournament online.

October 9, 2013: Akamai Unveils Open Initiative

On October 9, 2013, at the Akamai Edge Conference, Akamai introduced its Open Initiative (OPEN). This initiative empowered customers and partners to develop customized ways to interact with the Akamai Intelligent Platform, offering greater flexibility and control.

2013: Tom Leighton Becomes CEO

In 2013, Tom Leighton, co-founder of Akamai, took on the role of CEO, succeeding Paul Sagan.

2013: Former Akamai Executive Charged with Insider Trading

In 2013, the Securities and Exchange Commission brought charges against a former Akamai executive for their involvement in an insider trading scheme. The executive was accused of sharing confidential information about the company's financial situation.

December 2019: Akamai Consolidates Offices in New Headquarters

In December 2019, Akamai completed the consolidation of its various offices into a new, purpose-built headquarters located at 145 Broadway.

January 2021: Akamai Partners with Plume

Akamai formed a partnership with Plume in January 2021, integrating its Security and Personalization Services (SPS) mobile security suite with Plume's Consumer Experience Management (CEM) Platform.

February 9, 2021: Akamai Announces Reorganization and Appoints Robert Blumofe as CTO

Akamai announced a strategic reorganization on February 9, 2021, creating two core groups: Security Technology and Edge Technology. They also reinstated the CTO position, appointing Robert Blumofe to the role.