BARCELONA, Spain Feb. 14, 2011
- Addresses explosive growth in mobile data traffic, devices and cloud based applications
- Enables mobile operators to play bigger part in the mobile Internet value chain
- Jointly developed, end-to-end solutions to provide high-quality delivery of content and applications through mobile networks
Ericsson (Nasdaq: ERIC) and Akamai Technologies, Inc. (Nasdaq: AKAM) announce today a exclusive strategic alliance focused on bringing to market mobile cloud acceleration solutions aimed at improving end-user Internet experiences such as mobile ecommerce, enterprise applications and Internet content.
The companies will jointly develop solutions for the fast-growing market of content and applications delivered to mobile devices. As leaders in their respective fields, Ericsson and Akamai bring together the power of mobile networks and the cloud to open new business opportunities for both operators and content providers by creating a new business model built around quality of experience and premium services.
This is the first time that Akamai’s global delivery network is integrated into mobile networks in this way. Working with Ericsson, the content and applications already being accelerated over the Internet by Akamai will now also be accelerated over mobile broadband, giving a true end-to-end quality of experience.
Thomson Reuters (which participated in early prototype testing) is well-known for its market-leading mobile strategies. The company has stressed the importance of delivering consistent, fast and high-quality experiences on mobile devices in order to drive adoption and customer satisfaction.
Ericsson estimates that there will be almost 5 billion mobile broadband subscriptions by 2016. The company is also seeing an explosive growth in the Internet content and applications that people want to access on their mobile devices.
The Ericsson and Akamai alliance creates for the first time, a truly integrated mobile Internet ecosystem designed to enable mobile network operators to be more involved in the Internet value chain, in turn helping them better monetize their networks and subscriber base. The solutions are also designed to greatly simplify how content providers distribute their content and gain access to larger audiences.
"The market is becoming increasingly mobile. As an example, advanced Smartphone devices will grow 4-5 times to 2016 and the generated traffic will grow about 30 times, so end-to-end quality of experience becomes key," says Hans Vestberg, President and CEO, Ericsson. "Ericsson is the world leader in high-performance mobile broadband networks and Akamai handles hundreds of billions of daily Web interactions – this is truly a beneficial partnership for the entire mobile and content industries."
Notes to editors:
Ericsson is the world’s leading provider of technology and services to telecom operators. Ericsson is the leader in 2G, 3G and 4G mobile technologies, and provides support for networks with over 2 billion subscribers and has the leading position in managed services. The company’s portfolio comprises mobile and fixed network infrastructure, telecom services, software, broadband and multimedia solutions for operators, enterprises and the media industry. The Sony Ericsson and ST-Ericsson joint ventures provide consumers with feature-rich personal mobile devices.
SEK 203.3 billion USD 28.2 billion Stockholm, Sweden Stockholm
Akamai Statement Under the Private Securities Litigation Reform Act
This release contains information about future expectations, plans and prospects of Akamai’s management that constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors including, but not limited to, the effects of any attempts to intentionally disrupt our services or network by hackers or others, unexpected early termination of Akamai’s relationship with Ericsson, failure of Akamai solutions to operate effectively with Ericsson solutions, failure of the market for the Ericsson-Akamai solutions to develop as expected, a failure of Akamai’s network infrastructure, and other factors that are discussed in Akamai’s Annual Report on Form 10-K, quarterly reports on Form 10-Q, and other documents periodically filed with the SEC.
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SOURCE Akamai Technologies, Inc.