Level 3 Communications and Akamai Focus on Latest Cloud Computing Opportunities
The Paragon Report Provides Equity Research on Level 3 Communications & Akamai
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 01/10/12 -- Technology companies focused on content delivery and high speed streaming have seen demand for their services skyrocket in recent years. Many content delivery companies have begun to focus on cloud computing to boost customer appeal, as cloud services require more bandwidth due to high quality media. The Paragon Report examines the outlook for companies in the Technology Sector and provides research reports on Level 3 Communications, Inc. (NYSE: LVLT) and Akamai Technologies, Inc. (NASDAQ: AKAM). Access to the full company reports can be found at:
Akamai Technologies, Inc. provides services for accelerating and improving the delivery of content and applications over the Internet in the United States and internationally. Last month, Akamai agreed to buy its smaller rival, Israel's Contendo for $268M. Contendo offers Web and mobile acceleration services that extensively utilizes cloud technology.
"Cotendo's technology, partnerships and people are a strong complement to Akamai. Together, we believe there is tremendous opportunity for our combined technologies as enterprises embrace the move to the cloud and seek solutions for an increasingly mobile world," said Paul Sagan, president and CEO of Akamai.
The Paragon Report provides investors with an excellent first step in their due diligence by providing daily trading ideas, and consolidating the public information available on them. For more investment research on the technology sector register with us free at and get exclusive access to our numerous stock reports and industry newsletters.
Level 3 Communications offers network and Internet services, including transport services, high speed Internet protocol services, dedicated Internet access, virtual private network services, and dark fiber services. The company recently revealed that Level 3's advanced IP network will serve as an important component in the Central Valley Next Generation Broadband Infrastructure project, a $66.6 million total cost project that is being partly funded with $46.6 million from the American Recovery and Reinvestment Act (ARRA).
The Paragon Report has not been compensated by any of the above-mentioned publicly traded companies. Paragon Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at
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Datum: 10.01.2012 - 07:20 Uhr
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