Akamai Technologies to acquire Ondat.

Akamai Technologies, a cloud company that powers and protects life online, agreed to acquire Ondat, a cloud-based storage technology provider. Financial terms were not disclosed. "Last month we shared details of Akamai Connected Cloud, the world’s most distributed platform for cloud computing, security, and content delivery. Storage is a key component of cloud computing and Ondat’s technology will enhance Akamai’s storage capabilities, allowing us to offer a fundamentally different approach to cloud that integrates core and distributed computing sites with a massively scaled edge network," Adam Karon, Akamai COO.