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New Deal


Announced

Completed

Akamai Technologies completed the acquisition of Guardicore for $600m.

Financials

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Transaction Value£434m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Majority

Completed

data center

management software

Software

Acquisition

Single Bidder

Israel

Private

Cross Border

Synopsis

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Akamai Technologies, a content delivery network, completed the acquisition of Guardicore, a developer of data center security tools, for $600m. "Given the recent surge in ransomware attacks and increasingly stringent compliance regulations, investing in technologies to reduce the spread of malware has become mission critical. By adding Guardicore's leading micro-segmentation products to Akamai's comprehensive portfolio of Zero Trust solutions, we believe Akamai will be able to provide the most effective way to combat ransomware on the market today," Tom Leighton, Akamai CEO and Co-Founder.

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