CAMBRIDGE, Mass., April 12, 2018 /PRNewswire/ -- Akamai
Technologies, Inc. (NASDAQ: AKAM), the world's largest and most
trusted cloud delivery platform, today announced the establishment
of a $50 million endowment in support
of The Akamai Foundation, a private corporate foundation dedicated
to encouraging the next generation of technology innovators by
promoting the pursuit of excellence in mathematics in grades K-12.
The one-time endowment will help the Akamai Foundation continue to
support STEM education, with a focus on mathematics, while growing
its reach globally through direct grants to locally-registered
charities and global non-government organizations that emphasize
assisting under-represented groups within today's technology
workforce.
"The Akamai Foundation is fueled by our belief in the amazing
possibilities that mathematics and other STEM-related fields can
bring to our future," said Dr. Tom
Leighton, CEO and co-founder of Akamai, and a director of
the foundation. "I believe that Akamai can make a difference in
increasing opportunities in the technology workforce by supporting
compelling and thoughtful initiatives within the communities where
we work and live."
The Akamai Foundation has provided more than $5 million in contributions to local and national
mathematics education programs, including the presentation of
annual scholarships to the top high school math students competing
in the MAA American Mathematics Competitions. Akamai's
$50 million commitment will enable
the Akamai Foundation to expand its reach to provide assistance in
areas around the world where Akamai has offices.
The Akamai Foundation is pleased to partner with the following
programs in 2018 and looks to expand its list of partnerships
globally beyond 2019:
BEAM, a project of the Art of
Problem Solving Initiative, Inc.
Center for Excellence in Education, RSI Program
Costa Rica Children's Museum
Girls Who Code
Mathematical Association of America
Math Prize for Girls
Museum of Science, Boston -
Mentoring Night for Women and Girls in STEM
Important dates and guidelines for grant proposal submissions to
be considered for 2019 will be communicated through the Akamai
Foundation's website later this year.
The Akamai Foundation is a core tenet of Akamai's overarching
commitment to corporate responsibility. The company has a long
history of supporting programs designed to attract more diversity
to the technology industry through initiatives such as Akamai
Technical Academy and Girls Who Code; providing disaster relief and
humanitarian aid globally; enabling volunteerism by connecting
employees to the communities in which Akamai operates; and
promoting environmental sustainability through investments in
alternative energy.
About the Akamai Foundation
The Akamai Foundation is
a private corporate foundation dedicated to excellence in
mathematics, with the aim of promoting math's importance and
encouraging America's next generation of technology innovators.
About Akamai
As the world's largest and most trusted
cloud delivery platform, Akamai makes it easier for its customers
to provide the best and most secure digital experiences on any
device, anytime, anywhere. Akamai's massively distributed platform
is unparalleled in scale with over 200,000 servers across 130
countries, giving customers superior performance and threat
protection. Akamai's portfolio of web and mobile performance, cloud
security, enterprise access, and video delivery solutions are
supported by exceptional customer service and 24/7 monitoring. To
learn why the top financial institutions, e-commerce leaders, media
& entertainment providers, and government organizations trust
Akamai please visit www.akamai.com, blogs.akamai.com, or
@Akamai on Twitter.
Contacts:
Chris Nicholson
Akamai Media Relations
617-444-2987
cnichols@akamai.com
Noelle Faris
The Akamai Foundation
617-444-4676
nfaris@akamai.com
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SOURCE Akamai Technologies, Inc.