Akamai to Acquire Prolexic for Some $370 Million in Move to Bolster its DDoS Protection

TENAFLY, N.J. – Akamai Technologies announced that it had signed a definitive agreement to acquire Prolexic Technologies, Inc. for approximately $370 million, in a deal expected to close during the first half of 2014.

Akamai said the deal would extend its web optimization and security offerings by adding cloud-based security solutions for protecting data centers and enterprise applications against Distributed Denial of Service (DDoS) attacks.

?Any company doing business on the Internet faces an evolving threat landscape of attacks aimed at disrupting operations, defacing the brand, or attempting to steal sensitive data and information,? Tom Leighton, CEO of Akamai, said in a statement. ?By joining forces with Prolexic, we intend to combine Akamai?s leading security and performance platform with Prolexic?s highly-regarded DDoS mitigation solutions for data center and enterprise applications protection.?

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