Akamai Tech (AKAM) Expands into Growing Central and Eastern Europe (CEE) Region

June 28, 2011 6:53 AM EDT
Akamai Technologies, Inc. (Nasdaq: AKAM), reports that it has expanded into five countries in Central and Eastern Europe (CEE) – Czech Republic, Hungary, Poland, Romania and Slovakia.

Akamai's success across the globe has triggered significant demand for its enterprise cloud optimization expertise in the CEE region.

Stats from the report: "Forrester predicts the CEE region will reach overall Internet adoption rates of 54% within 2013 and according to PricewaterhouseCoopers, the number of broadband connections in the CEE region will reach 43.2 million in 2012, an increase of 10 million over the 2010 total of 32.9 million. Additionally, Eurostat reports that a significant portion of total commerce being conducted online in Europe is coming from the Czech Republic (15%), Hungary (14%) and Slovakia (11%). With an increase in the number of major online news, sporting and entertainment events in the CEE region, there is a need for fast, reliable and secure content and Web application delivery, all of which are key Akamai offerings."


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