Bank of America Corp
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Financials : Banks | Large Cap Value
Company profile

Bank of America Corporation is a bank holding company and a financial holding company. The Company is a financial institution, serving individual consumers and others with a range of banking, investing, asset management and other financial and risk management products and services. The Company, through its banking and various non-bank subsidiaries, throughout the United States and in international markets, provides a range of banking and non-bank financial services and products through four business segments: Consumer Banking, which comprises Deposits and Consumer Lending; Global Wealth & Investment Management, which consists of two primary businesses: Merrill Lynch Global Wealth Management and U.S. Trust, Bank of America Private Wealth Management; Global Banking, which provides a range of lending-related products and services; Global Markets, which offers sales and trading services, and All Other, which consists of equity investments, residual expense allocations and other.

Closing Price
$28.99
Day's Change
-0.04 (-0.14%)
Bid
--
Ask
--
B/A Size
--
Day's High
29.10
Day's Low
28.81
Volume
(Light)
Volume:
25,971,555

10-day average volume:
51,914,855
25,971,555

Akamai and AT&T Extend Relationship Through 2023

6:30 am ET September 22, 2020 (PR Newswire) Print

Akamai (NASDAQ: AKAM) and AT&T are extending their business relationship through 2023. This renewed agreement continues to give AT&T business customers around the world access to Akamai services as part of AT&T's comprehensive portfolio of cloud and network services.

https://mma.prnewswire.com/media/384815/akamai_logo__002_.jpg

This is the second renewal of work between Akamai and AT&T. They began working together in 2012, and extended the relationship in 2017. During that time, AT&T has become the largest global provider of Akamai's security solutions, which include its Enterprise Application Access (EAA) and Enterprise Threat Protector products, providing secure, controlled access to apps for remote workers, and secure web gateways, respectively.

Both companies will continue to help enhance the security, performance and scale of customers' digital businesses across a host of industries, including retail, finance, entertainment, manufacturing and the public sector among others.

"The ability to conduct business online is more important than ever, and the ability to do so demands reliable business solutions with scale and performance," said Mo Katibeh, Chief Product and Platform Officer at AT&T Business. "AT&T's network and comprehensive portfolio of business solutions combined with Akamai's edge platform deliver the capabilities to meet the extraordinary demands of today's unique environment."

"Akamai's renewed agreement with AT&T underscores the strong and productive relationship that our two organizations have fostered and the benefits it brings to customers," said Tom Leighton, CEO and co-founder, Akamai. "Over the years, we've helped businesses around the world realize the advantages that come with Akamai's edge delivery capabilities being deployed deep into AT&T's IP network combined with its host of business solutions that cover a range of industries where online performance, security and reliability are critical."

About AkamaiAkamai secures and delivers digital experiences for the world's largest companies. Akamai's intelligent edge platform surrounds everything, from the enterprise to the cloud, so customers and their businesses can be fast, smart, and secure. Top brands globally rely on Akamai to help them realize competitive advantage through agile solutions that extend the power of their multi-cloud architectures. Akamai keeps decisions, apps and experiences closer to users than anyone -- and attacks and threats far away. Akamai's portfolio of edge security, web and mobile performance, enterprise access and video delivery solutions is supported by unmatched customer service, analytics and 24/7/365 monitoring. To learn why the world's top brands trust Akamai, visit www.akamai.com, blogs.akamai.com, or @Akamai on Twitter. You can find our global contact information at www.akamai.com/locations.

Akamai Contacts:Chris Nicholson Media Relations +1 617-444-2987 cnichols@akamai.com

Tom Barth Investor Relations +1 617-274-7130 tbarth@akamai.com

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View original content to download multimedia:http://www.prnewswire.com/news-releases/akamai-and-att-extend-relationship-through-2023-301135262.html

SOURCE Akamai Technologies, Inc.

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