Akamai to Acquire CotendoContactsJeff YoungMedia Relations617-444-3913

Investor Relations617-444-3635

Combined technology and teams expected to help accelerate pace of innovation incloud and mobile optimization

CAMBRIDGE, MA and SUNNYVALE, CA – December 22, 2011 - Akamai Technologies, Inc.(NASDAQ: AKAM) and Cotendo announced today that the two companies have signed adefinitive agreement for Akamai to acquire Cotendo.

Helping to mitigate the challenges of operating in a hyperconnected world, Akamaiprovides a secure platform over which businesses can engage users across the Web,mobile, cloud, or a mix of public and private network environments. Cotendo offersan integrated suite of Web and mobile acceleration services. The combination of thetwo companies’ technologies and teams is expected to increase the pace of innovationin the areas of cloud and mobile optimization.

"As we look to accelerate growth across the dynamic landscapes of cloud and mobileoptimization, we are excited to be joining forces with Cotendo," said Paul Sagan,president and CEO of Akamai. "Cotendo's technology, partnerships and people are astrong complement to Akamai. Together, we believe there is tremendous opportunityfor our combined technologies as enterprises embrace the move to the cloud and seeksolutions for an increasingly mobile world."

"The Cotendo team is very proud of our accomplishments in delivering proven andeffective solutions for accelerating Web and mobile assets. By combining ourinnovative technology and employees with Akamai, we expect our customers andpartners will gain access to a comprehensive, global platform and wider portfolio ofleading-edge services supported by some of the most experienced providers in theindustry," said Ronni Zehavi, CEO and co-founder of Cotendo. "We look forward toworking with Akamai in an effort to create the strongest offering in the industry."

Founded in 2008, Cotendo is headquartered in Sunnyvale, CA, with a technology centerin Israel. Cotendo currently has approximately 100 employees, with over 50 based inIsrael.

Under terms of the agreement, Akamai will acquire all of the outstanding equity ofCotendo in exchange for a net cash payment of approximately $268 million, afterexpected purchase price adjustments, plus the assumption of outstanding unvestedoptions to purchase Cotendo common stock. The closing of the transaction, which issubject to customary closing conditions, including regulatory approvals, is expectedto occur in the first half of 2012.

About CotendoA fast growing innovator of cloud-based acceleration technologies, Cotendo offers anintegrated suite of Web and Mobile Acceleration Services from its global distributedpoints of presence (POPs). Cotendo’s single platform software was built from theground-up and includes acceleration services for dynamic web applications, staticand dynamic web content, SSL, Advanced DNS, Adaptive Image Compression, performancemonitoring and automatic failover as well as real-time reports and analytics.Cotendo also offers a distributed cloud application environment called Cloudlet™that allows decision-making (logic, data) at the edge, closest to the end users.Cotendo's customer base includes Fortune 500 enterprises, Tier 1 telecommunicationsproviders and the world's largest social networks, eCommerce sites, and advertising

jyoung@akamai.com

Natalie Temple

-or-

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networks. For more information about Cotendo and its Web and Mobile Acceleration

About AkamaiAkamai® is the leading cloud platform for helping enterprises provide secure,high-performing user experiences on any device, anywhere. At the core of theCompany's solutions is the Akamai Intelligent Platform™ providing extensive reach,coupled with unmatched reliability, security, visibility and expertise. Akamairemoves the complexities of connecting the increasingly mobile world, supporting24/7 consumer demand, and enabling enterprises to securely leverage the cloud. Tolearn more about how Akamai is accelerating the pace of innovation in ahyperconnected world, please visit www.akamai.com and follow @Akamai on Twitter.

The release contains information about future expectations, plans and prospects ofAkamai's management that constitute forward-looking statements for purposes of thesafe harbor provisions under The Private Securities Litigation Reform Act of 1995,including statements about the anticipated closing of the acquisition, theexpectations with respect to the combination of the Cotendo and Akamai technologiesand the expected future business and financial performance of Akamai resulting fromand following the acquisition. Actual results may differ materially from thoseindicated by these forward-looking statements as a result of various importantfactors including, but not limited to, inability to successfully combine thetechnologies of Cotendo and Akamai, inability to successfully integrate Cotendo intothe business of Akamai, material adverse changes in the financial conditions oroperations of Cotendo, substantial delay in the expected closing of the proposedmerger, inability to secure all regulatory approvals necessary to effect theproposed merger and other factors that are discussed in the Company's Annual Reporton Form 10-K, quarterly reports on Form 10-Q, and other documents periodically filedwith the SEC.

Services Suite, visit www.cotendo.com