CAMBRIDGE,
Mass., June 25, 2024 /PRNewswire/ -- Akamai
Technologies, Inc. (NASDAQ: AKAM), the cloud company that
powers and protects life online, announces the company has
completed its acquisition of application programming interface
(API) security company, Noname Security. On May 7, Akamai announced an agreement between
the two parties for Akamai to acquire the company in exchange for
approximately $450 million.
Noname, one of the top API security vendors in
the market, is expected to accelerate Akamai's ability to meet
growing customer demand and market requirements as the use of APIs
continues to expand. Specifically, Akamai will be able to extend
protection across all API traffic locations, no matter the
business, integration, or deployment requirements customers may
have. Akamai also expects to gain greater scale with Noname's
additional sales and marketing resources, and established channel
and alliance relationships.
For more information, visit the Akamai
application and API security page and the Akamai blog.
About Akamai
Akamai powers and protects life online. Leading
companies worldwide choose Akamai to build, deliver, and secure
their digital experiences — helping billions of people live, work,
and play every day. Akamai Connected Cloud, a massively distributed
edge and cloud platform, puts apps and experiences closer to users
and keeps threats farther away. Learn more about Akamai's cloud
computing, security, and content delivery solutions at
akamai.com and akamai.com/blog, or follow Akamai Technologies
on X, formerly known as Twitter, and LinkedIn.
Contacts:
Gina Sorice
Media Relations
646-320-4107
gsorice@akamai.com
Mark Stoutenberg
Investor Relations
857-227-4491
mstouten@akamai.com
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SOURCE Akamai Technologies, Inc.