Announced
Completed
Financials
Tags
Domestic
infrastructure-as-a-service
Acquisition
Friendly
Software
Single Bidder
Majority
United States
Private
Completed
Synopsis
Akamai, a content delivery network, completed the acquisition of Linode, an infrastructure-as-a-service platform provider, for $900m. “The opportunity to combine Linode’s developer-friendly cloud computing capabilities with Akamai’s market-leading edge platform and security services is transformational for Akamai. Akamai has been a pioneer in the edge computing business for over 20 years, and today we are excited to begin a new chapter in our evolution by creating a unique cloud platform to build, run and secure applications from the cloud to the edge. This is a big win for developers who will now be able to build applications on a platform that delivers unprecedented scale, reach, performance, reliability and security," Tom Leighton, Akamai Technologies CEO and Co-Founder.
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