Application Software M&A » By The Online Investor Staff, updated Sat., Apr. 20, 4:47 AM
Recent mergers and acquisitions in the Application Software M&A category.
Slide #66. Akamai Technologies, Inc. — Prolexic
Acquirer: |
Akamai Technologies, Inc. (NASDAQ:AKAM) |
Acquiree: |
Prolexic |
Details: |
Akamai Technologies, Inc. (NASDAQ: AKAM) today announced it has completed its acquisition of Prolexic Technologies, Inc., a privately held company based in Hollywood, Florida that provides cloud-based security solutions for protecting data centers and enterprise IP applications from distributed denial of service (DDoS) attacks. On December 2, 2013, Akamai announced a definitive agreement between the parties pursuant to which Akamai would acquire all of the outstanding equity of Prolexic. |
Akamai Technologies is engaged in the provision of cloud services for delivering, optimizing and securing content and business applications over the internet. Co.'s business is organized into two groups, both of which utilize the Akamai Intelligent Edge Platform and its global sales organization: the Security Technology Group and the Edge Technology Group. The Security Technology Group includes solutions that are designed to keep infrastructure, websites, applications and users safe, while the Edge Technology Group includes solutions that enable business online, including media delivery, web performance and edge computing solutions.
Akamai Technologies SEC Filing Email Alerts Service
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Company Name: |
Akamai Technologies Inc |
Website: |
www.akamai.com |
Sector: |
Application Software |
Number of ETFs Holding AKAM: |
119 |
Total Market Value Held by ETFs: |
$3.05B |
Total Market Capitalization: |
$15.36B |
% of Market Cap. Held by ETFs: |
19.85% |
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April 20, 2024 4:47 AM Eastern
Buy (3.06 out of 4)
100th percentile
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