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Application Software M&A image Application Software M&A » By The Online Investor Staff, updated Thu., May. 26, 1:06 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 provides solutions for securing and delivering content and business applications over the internet. Co. provides security, performance and delivery solutions. Co.'s solutions include: cloud and enterprise security; web and mobile performance solutions; media delivery solutions; edge compute capabilities; carrier solutions; and services and support solutions, which provides an array of service and support offerings that are designed to assist its customers with integrating, configuring, optimizing and managing its main offerings.

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Company Name: 
Akamai Technologies Inc
Website: 
www.akamai.com
Sector: 
Application Software
Number of ETFs Holding AKAM: 
116
Total Market Value Held by ETFs: 
$2.92B
Total Market Capitalization: 
$15.86B
% of Market Cap. Held by ETFs: 
18.41%
 

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Buy (2.86 out of 4)
10th percentile
(ranked lower than approx. 90% of all stocks covered)

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AKAM Stock Forecast

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