Akamai Technologies is buying Prolexic, which offers protection against distributed denial of service attacks. The deal, which is expected to close in the first half of 2014, will cost Akamai about $370 million in cash plus the assumption of outstanding unvested options to purchase Prolexic stock. “By acquiring Prolexic, Akamai aims to extend its optimization and security solutions to protect all enterprise IP applications across the Web and data center,” said Akamai spokesperson Jeff Young.
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Akamai Buys Prolexic to Beef Up DDoS Protection
Posted by: Richard Adhikari December 2, 2013 02:24 PMAkamai Technologies is buying Prolexic, which offers protection against distributed denial of service attacks. The deal, which is expected to close in the first half of 2014, will cost Akamai about $370 million in cash plus the assumption of outstanding unvested options to purchase Prolexic stock. “By acquiring Prolexic, Akamai aims to extend its optimization and security solutions to protect all enterprise IP applications across the Web and data center,” said Akamai spokesperson Jeff Young.