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CAMBRIDGE - Akamai Technologies, Inc. (NASDAQ:AKAM), the $11.6 billion cybersecurity and cloud computing company with annual revenues of $4 billion, appointed Janaki Akella and Bas Burger to its Board of Directors effective immediately, the company announced Tuesday.
Akella brings experience in cloud computing, cybersecurity, and AI from previous executive leadership roles at Google and McKinsey & Company. At Google, she served as head of digital transformation with the company’s Cloud business. She currently serves on the boards of Southern Company, Sallie Mae Corporation, and Fractal Analytics.
Burger is CEO of BT International, the division of the UK telecoms company that delivers global data, voice, security, and cloud connectivity solutions to multinational organizations. Throughout his career, he has led global organizations in executing go-to-market initiatives and developing strategic partnerships with technology, infrastructure, and cybersecurity companies.
"We are thrilled to welcome Janaki Akella and Bas Burger to our Board of Directors," said Tom Leighton, CEO of Akamai. "Janaki’s extensive experience in digital transformation and her leadership in leveraging cutting-edge technologies like AI, will be invaluable as we continue to innovate."
Dan Hesse, Akamai’s Chairman of the Board, noted that the additions underscore the company’s commitment to expanding its presence in cloud computing while strengthening its leadership in cybersecurity.
The appointments come as Akamai continues its transformation into a company focused on both cybersecurity and cloud computing solutions.
According to the company’s press release statement, Akamai provides security solutions, threat intelligence, and cloud computing offerings on a global distributed platform.
In other recent news, Akamai Technologies reported its Q1 2025 earnings, exceeding Wall Street expectations. The company achieved a non-GAAP earnings per share of $1.70, surpassing the forecasted $1.57, with revenue reaching $1.02 billion, slightly above the anticipated $1.01 billion. Akamai also announced a $1.35 billion convertible notes offering aimed at qualified institutional buyers, with plans to use the proceeds for various financial strategies, including repurchasing common stock and repaying existing borrowings. Additionally, Akamai’s shareholders approved an increase of 8 million shares to its stock incentive plan during the annual meeting, alongside electing directors and approving amendments to the company’s Certificate of Incorporation. In strategic moves, Akamai formed a partnership with Cloudinary to enhance its Video Manager solution, integrating AI-powered video technology to address video management challenges. The company also highlighted strong growth in its cloud infrastructure services, with annual recurring revenue growth projected at 40-45%. These developments reflect Akamai’s ongoing efforts to expand its offerings and strengthen its market position.
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