Akamai Technologies-Linode
Linode has agreed to sell to Akamai Technologies. Akamai will pay $900 million in cash for the 19-year-old independent cloud computing provider.
Akamai CEO’s Tom Leighton said: “The net of all this is that we believe that Akamai and Linode can solve customers’ needs in ways that are not addressed in the market today, forming a powerful winning combination that will enable customers to build, deliver and secure their apps on the platform that powers and protects life online.”
To that end, Akamai will use Linode to go beyond security and content delivery and add cloud computing.
Find more from Kelly Teal’s reporting here.
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