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AKAMAI TECHNOLOGIES, INC.

(AKAM)
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Akamai Technologies : World-Class OTT Streaming from MwareTV with Akamai

07/28/2021 | 11:26am EDT

Written by: Ina Christova

Since the onset of the pandemic, home entertainment has never been more important. Millions of users across the globe have turned to over-the-top (OTT) streaming and live TV to bring much-needed diversion and exciting content into their lives. MwareTVprovides content delivery solutions designed for the TV platforms of today and tomorrow -- a web brimming with rich media and millions of users that demand high-quality content in an instant. MwareTV partnered with Akamai to provide state-of-the-art technology that enables the efficient performance of streaming content to entertain, connect, and empower global viewers.

Powered by Akamai technology, MwareTV works with more than 50 operators worldwide to deliver seamless content. Whether it's the latest episode of 'The Crown' or the 'Fast & Furious' franchise, today's end users expect an uninterrupted, crystal-clear viewing experience. When it comes to choosing an OTT provider, the design of the viewing interface is another key consideration. The way we all consume content has changed so radically over the past few years, and our consumer behaviour has changed along with it.

These days, we view content on different devices and expect to see easy navigation and fresh typography. Things like decorative fonts and interactive video previews are essential for getting audience attention. It's also important to personalise content to connect users with the stories they are most likely to engage with. MwareTV makes all of this possible by providing operators with customisable templates that can be easily modified, with no previous programming experience necessary. This is especially helpful to operators that don't have a large budget to create the experiences their viewers crave.

'Our relationship with Akamai started a couple years ago, and the cooperation grows every year. The word partnershipis often used as an empty phrase, but in our situation, you can really see it as a real partnership,' said Cees van Versendaal, COO at MwareTV. 'This starts with regular contact and understanding our business, as well as always listening to our ideas and requirements to make it technically and commercially feasible.'

As one of the world's leading providers of services for content deliverynetworks, Akamai offers CDN streaming solutions designed to improve the speed, performance, and availability of content delivered from a streaming media server. All 30 top media and entertainment companies, leading gaming platforms, and major U.S. sports leagues trust Akamai CDN streaming technology to deliver the best online experiences for their users. Discover more about Akamai's CDN solutions.

Disclaimer

Akamai Technologies Inc. published this content on 28 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 July 2021 15:23:18 UTC.


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Sales 2021 3 443 M - -
Net income 2021 623 M - -
Net cash 2021 968 M - -
P/E ratio 2021 29,0x
Yield 2021 -
Capitalization 17 828 M 17 828 M -
EV / Sales 2021 4,90x
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Mean consensus OUTPERFORM
Number of Analysts 15
Last Close Price 109,49 $
Average target price 128,54 $
Spread / Average Target 17,4%
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Managers and Directors
Frank Thomson Leighton Chief Executive Officer & Director
Rick M. McConnell President & GM-Security Technology Division
Edward J. McGowan Chief Financial Officer & Executive Vice President
Daniel R. Hesse Chairman
Robert Blumofe Chief Technology Officer
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