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Watched Japanese airline, ANA, apologises for plane flip Fri, Sep 30 2011 Rihanna's "inappropriate" outfit halts music video Tue, Sep 27 2011 China : what is a "hard landing"? Sun, Oct 9 2011 No merit to report of Akamai-Google deal: source Tweet Share this Email Print Related News Akamai shares surge on Google deal report Wed, Oct 12 2011 Alibaba's Ma: "very interested" in buying Yahoo Sat, Oct 1 2011 Groupon COO jumps ship after 5 months Fri, Sep 23 2011 Twitter's board loses two early investors Fri, Sep 16 2011 Analysis & Opinion Some lessons learned as an entrepreneur and VC Tech wrap: HP shake-up? Related Topics Technology » Deals » Global Deals Review: 2011 Q3 » Global Deals Review: 2011 Q2 » Global Deals Review » Hot Stocks » Asian Markets » Inflows Outflows » SAN FRANCISCO | Wed Oct 12, 2011 9:34pm EDT SAN FRANCISCO (Reuters) - A report on Wednesday that Akamai Technologies Inc was close to being acquired by Google Inc is without merit, according to a person familiar with the matter. Shares of Akamai jumped more than 11 percent at one point in after hours trading on Wednesday, following the report by technology blog Business Insider citing "multiple ad tech sources" who were not identified. A source familiar with the matter told Reuters that the report of a deal was baseless. Representatives from Google and Akamai said the companies do not comment on rumors. Shares of Akamai, which are off more than 50 percent from their 52-week high of $54.65, gave up most of their after-hours gains later on Wednesday, and were trading up 2.9 percent at $24.04. Akamai, whose service improves the performance of websites, is a long-running subject of takeover rumors. Last week, there were reports that the company could be acquired by Verizon Communications or International Business Machines Corp, said Mark Kelleher, an analyst with Dougherty & Co. "Ever since I can remember there's been theories of who could come in" and acquire Akamai, he said. (Reporting by Alexei Oreskovic; Editing by Richard Chang and Carol Bishopric) Technology Deals Global Deals Review: 2011 Q3 Global Deals Review: 2011 Q2 Global Deals Review Hot Stocks Asian Markets Inflows Outflows Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Social Stream (What's this?) 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