Axios, Inc. (NASDAQ: AXI) is a global leader in content delivery networks (CDNs), a suite of technologies that enable mobile apps to deliver video, music, photos, and more to customers’ devices.
Axios was founded by former Google (NASEX: GOOG) executive Craig Barratt in 2008.
Its revenue grew by more than a quarter during the past year, reaching $2.5 billion in 2018.
The company also has a $6 billion investment in Google Fiber, the largest broadband deployment in the United States.
The stock currently trades at a discount of more than 18%.
As with many other technology companies, Axios operates under a number of different strategies.
For example, it has a network of hundreds of data centers around the world, which it uses to store data and manage the overall network.
It also has fiber-optic lines that connect to a central office network.
Axis also provides an array of cloud services, including its own online video service, which competes with Google’s own YouTube.
Its $3.2 billion acquisition of AOL (NYSE: AOL) is the largest acquisition of a media company in the history of the world.
The deal included AOL’s media properties including the AOL News Web site, and Axios’ AOL News app, which has become a powerful tool for reaching people in areas with limited broadband access.
In its latest earnings report, Axio said it is investing $1 billion in infrastructure, including a new fiber-to-the-home network that will connect hundreds of millions of homes in the U.S. and in Australia and New Zealand.
Axiom said it will invest $2 billion in data center infrastructure in 2020, and it expects to double the size of its network by 2021.
Axios is also expanding its mobile app business.
In April 2018, it launched a new app called Axiom, which allows users to search for homes in their neighborhood and view home price data.
It said the app has more than 30 million downloads, and that it is “proud of the work that we are doing to bring our home search to the masses.”
Axiom said in a press release that it will expand its services to more than 10 million homes by 2020, which will include a new mobile app called Home Finder, which can help people search for their own homes.
With more than $7 billion in revenue in 2018, Axiom is a strong performer on Wall Street.
It has been trading at a premium for the past several years, thanks to strong growth in mobile search, which helped the company grow its revenue by more, to more of $12.5 million.
However, as its growth continues, Axionias growth appears to be slowing.
The investment into fiber-comparison services, which allow users to compare speeds, has helped it grow by about 1% per year, and its $3 billion acquisition with Google Fiber has helped to boost its revenue, but it has also added more debt to its balance sheet.
To drive growth, Axiais strategy is also focusing on building out its own content delivery network, which includes its own YouTube video service.
According to the company, it is increasing its focus on mobile and video by acquiring other content-management companies, including YouTube Red, which helps with video content delivery.
The company has also acquired the popular music streaming service Tidal.
It says it has more music streaming apps in the works.
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