Business Services Industry
Akamai and Engage Form Strategic Alliance to Enhance the Targeting and Delivery of Rich Content and Streaming Media Across the Web
Business Wire, May 8, 2000
Business Editors/High Tech Writers
ANDOVER, Mass. and CAMBRIDGE, Mass.--(BUSINESS WIRE)--May 8, 2000
Akamai's EdgeAdvantage(TM) platform to enable high-performance
delivery of ads for Engage's online media networks; Companies to
develop solutions to personalize/customize dynamic Internet content
Two of the Web's leading solutions providers today announced a deal that will help online marketers capture the attention of specific and relevant audiences.
Related Results
Engage, Inc. (Nasdaq: ENGA), and Akamai Technologies, Inc. (Nasdaq: AKAM), the foremost provider of global, high-performance services for the delivery of interactive Web content, streaming media, and Internet applications, today announced that they will combine forces to provide products, services and applications intended to greatly enhance the targeting and delivery of online content, starting with advertisements and marketing campaigns to prospects and customers across the Web.
Under the agreement, Engage will purchase Akamai content delivery services built upon the EdgeAdvantage platform and use them to deliver high-speed rich media ads for Engage's online media network properties, including Engage AudienceNet(TM), the first profile driven media network. AudienceNet utilizes anonymous profiles from Engage Knowledge(TM), a database of 52 million anonymous online user profiles, to help marketers identify and target their appropriate audiences. These profiles do not contain personally identifiable information, such as names, addresses or e-mail addresses, but have been developed based on users' online browsing habits and interests.
In addition, Akamai and Engage intend to introduce specialized services for targeted ad insertion in streaming media, a key requirement for content providers looking for return on investment for streaming services. Content providers will be able to take advantage of Akamai's high performance delivery network and dynamic stream assembly technology along with Engage's advertising management solutions, which incorporate targeted anonymous profiling. This is designed to seamlessly personalize and deliver high-impact streaming media ads. Advertisers will benefit from comprehensive reporting and analysis and accurate targeting to increase the effectiveness of their messages.
In addition, building upon Akamai's EdgeAdvantage platform that enables third parties to create integrated and value-added services for content providers, Engage and Akamai also announced that they plan to jointly develop new applications for anonymous personalization. The new functionality will be available across the Engage online media network properties, and will utilize Akamai's network of over 3,000 Web server in over 45 countries across more than 160 telecommunications networks. By integrating technologies and developing new service offerings, Engage and Akamai will make it easier for content providers to deliver relevant, personalized content and advertising to their customers. The result will provide companies with the abilities to greatly enhance the targeting effectiveness of their online marketing campaigns, and to create a more relevant customer experience through personalized content.
"This relationship is a major step in our efforts to Engage-enable the world," said Paul Schaut, President and CEO, Engage. "Akamai's EdgeAdvantage platform not only improves the speed and reliability for the delivery of rich media graphics on our advertising networks but also enables us to create innovative new applications for our profiling technology that will benefit both companies' customer bases. Ultimately, these services will help Web companies capture the attention of their audiences and turn prospects into customers."
"We see this deal as two online businesses coming together to provide customers of both companies with top-of-the-line solutions that will help them improve visitor acquisition and retention through the use of targeted content and high-performance delivery," said George Conrades, chairman and CEO, Akamai. "By becoming Engage-enabled, we are bringing our customers in contact with one of today's leading solution providers in targeted advertising and personalized content. The beauty of our EdgeAdvantage platform is that it enables companies like Engage to easily integrate into the world's leading Internet content delivery network."
Akamai and Engage are both members of the ICAP Forum and plan to use the Internet Content Adaption Protocol (ICAP) in their collaboration. ICAP will be submitted to the Internet Engineering Task Force (IETF) Web Replication and Caching (WREC) working group as an Internet draft at the next WREC meeting.
The companies will also enter into joint sales and marketing activities to support new applications that have been jointly developed to support Engage Media delivered over the EdgeAdvantage platform.
About Engage
Engage, Inc. (Nasdaq: ENGA) is the leading provider of next generation online marketing solutions and a majority-owned operating company of CMGI, Inc. Based in Andover, Mass., Engage helps marketers target online audiences and convert them into loyal customers. Engage has European headquarters in London and offices worldwide. For more information on Engage, please visit http://www.engage.com .
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article



