Akamai Expands API Security Partnership with MuleSoft Amid Earnings Pressure
On September 10, Akamai Technologies (NASDAQ:AKAM) announced an expanded partnership with integration platform MuleSoft to enhance visibility and security for APIs and AI agent connections. The collaboration allows both platforms to share data—MuleSoft provides API blueprints while Akamai analyzes traffic patterns and threat risks. This initiative addresses a growing concern, as 87% of surveyed organizations experienced API-related security incidents in 2025. Despite the strategic move, Akamai's second-quarter financials showed mixed results. Revenue rose to $1.1 billion with strong growth from its Security segment and cloud infrastructure services. However, non-GAAP earnings per share fell by 8%, while GAAP figures dropped significantly. The company reported a decline in legacy delivery applications revenue and warned that profit margins are under pressure. Akamai's balance sheet remains robust with $4.616 billion in cash, but hedge fund ownership has declined, indicating investor caution. Short interest is high at 15.56% of the float, suggesting skepticism about future performance.
Tickers: $AKAM
Topics: AI agents Akamai expansion API security cloud infrastructure MuleSoft integration