Friday, December 23, 2011

Akamai?s Deal Streams Value for Investors

You don?t see deals this successful very often. Akamai is buying smaller rival Cotendo for just $268 million, about six times next year?s revenue estimates industry expert Dan Rayburn. Yet Akamai?s market cap jumped as much as $1 billion today on the news.

Source: http://allthingsd.com/20111222/akamai%e2%80%99s-deal-streams-value-for-investors/

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