Akamai Media Relations
Akamai Investor Relations
Partnership intended to enable service providers and content owners to quickly and economically launch OTT services
SHERMAN OAKS, Calif., and CAMBRIDGE, Mass. – April 02, 2014 – Vubiquity, the largest global provider of multiplatform video services, and Akamai Technologies, Inc. (NASDAQ:AKAM, news, filings), the leading provider of cloud services for delivering, optimizing and securing online content and business applications, today announced a partnership designed to help network service providers or content owners efficiently and cost-effectively launch over-the-top (OTT) video services. The content-as-a-service offering combines Vubiquity's AnyVU™ Cloud and the Akamai Intelligent Platform™ to offer a robust licensed content library along with cloud-based content workflows, storage and delivery at a global scale.
AnyVU Cloud will enable superior speed and scale, allowing for service levels that could not be achieved independently. Providing a highly agile framework from which to test new products, programming services that previously took many months to go-to-market can be launched in weeks. These service enhancements and efficiencies are enabled by storage optimizations through multi-tenant library management, real-time access to deep content catalogs, business rule engines, and API access to new service modules that will be continuously added. AnyVU Cloud will support Vubiquity's current roster of service provider and content provider customers as well as new OTT and OVP platforms. AnyVU Cloud will house licensed transactional, electronic sell-through – including digital locker fulfillment – and subscription Video on Demand content, as well as free-on-demand TV and live linear feeds.
As part of the new content-as-a-service offering, Akamai's Media & Delivery Solutions, including cloud storage and efficient high-speed content delivery network (CDN), are designed to help ensure high-quality video delivery and superior user experiences across networks and devices. Further, the content-as-a-service offering can also be deployed using Akamai's Aura licensed or managed CDN solutions to provide network operators an on-net and off-net OTT solution to help manage traffic, reduce network costs, and engage their subscribers with compelling new video services.
Together, the companies expect to deliver content directly to consumer devices on behalf of their joint service provider customers in over 90 countries.
"Akamai and Vubiquity are responding to growing demand from network service providers and content owners for new strategies and platforms upon which to leverage premium-quality video offerings," said Bill Wheaton, Senior Vice President and General Manager, Media Division at Akamai. "We're leveraging Vubiquity's expertise in the acquisition, management and processing of content with the unparalleled scale and reach of Akamai's media delivery and network services to offer a combined content, technology and network platform that supports different types of online video business models."
"AnyVU Cloud was a natural evolution for Vubiquity which supports more than 700 customers on a global scale. Coupled with Akamai's globally deployed network that carries up to 30 percent of the world's web traffic at any time, we are providing a platform of unparalleled reach," noted Vubiquity's CEO Darcy Antonellis. "We've architected a highly scalable platform that supports the growing needs for deep library content, with very flexible integration paths to enable new consumer-facing product and service offers. The modularity of the platform means clients can pick and choose services from content licensing to delivery, marketing and data analytics, to fill existing gaps and experiment more rapidly with new products to support growth."
Akamai is showcasing its full range of digital media solutions, including cloud-based storage, processing, analytics and delivery services at the 2014 NAB Show, booth SL4525, in Las Vegas, April 7-10. Demonstrations will show how live and on-demand online video content, including 4K/UHD, can be delivered at the quality and scale necessary to meet increasing consumer demands and expectations.
For more information about Akamai's presence at the 2014 NAB Show or to schedule a meeting, visit http://www.akamai.com/nab2014.
Akamai® is a leading provider of cloud services for delivering, optimizing and securing online content and business applications. At the core of the company's solutions is the Akamai Intelligent Platform™ providing extensive reach, coupled with unmatched reliability, security, visibility and expertise. Akamai removes the complexities of connecting the increasingly mobile world, supporting 24/7 consumer demand, and enabling enterprises to securely leverage the cloud. To learn more about how Akamai is accelerating the pace of innovation in a hyperconnected world, please visit www.akamai.com or blogs.akamai.com, and follow @Akamai on Twitter.
Vubiquity is the largest global provider of multiplatform video services and solutions, working closely with both content owners and service providers to meet consumers' evolving demands for anytime, anywhere access to content. Through our experience, expertise, cross-industry relationships and technology platforms, we help our customers more quickly and efficiently monetize opportunity in the areas of transactional, subscription and electronic sell-through on demand, linear content delivery, TV Everywhere, advanced advertising, and data services. For more information, please visit www.vubiquity.com and follow @Vubiquity on Twitter.
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, failure of Akamai and Telefonica technologies to work together or work together adequately to provide expected benefits from the partnership; the effects of any attempts to intentionally disrupt Akamai's services or network or Telefonica's network or products by hackers or others, the failure of the CDN market to develop as predicted, 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.