Deals

Akamai Acquires Nominum
Date: 
Monday, October 16, 2017
Location: 
Cambridge
Categories: 
B2B
Infrastructure & Storage
SaaS
Security
Deal Type: 
Acquisition

Akamai Technologies, Inc. (NASDAQ: AKAM) today announced the company has entered into an agreement to acquire Nominum, a market leader in DNS and enterprise security solutions for carriers.  The acquisition is intended to add complementary capabilities to Akamai's portfolio of security offerings while expanding Akamai's distribution to carriers that serve enterprise customers.  The all-cash transaction is expected to close later this quarter.

Carriers and enterprises are increasingly targeted by attackers attempting to exploit weaknesses and gaps in cybersecurity defenses.  By combining Nominum's carrier-grade cybersecurity solutions with Akamai's enterprise security offerings and threat intelligence, Akamai intends to serve a larger base of carrier and enterprise customers with more comprehensive security products.  These products will be designed to more effectively identify, block, and mitigate cybersecurity threats such as malware, ransomware, phishing, and data exfiltration ... READ MORE