Acquiring Company
Akamai Technologies
Acquired Company
Edgio, Inc.
CambridgeTempeSoftwareData And AnalyticsInformation TechnologySoftwareDescription
Akamai Technologies, Inc. has completed its acquisition of select assets from Edgio, including certain customer contracts from Edgio's businesses in content delivery and security, and non-exclusive license rights to patents in Edgio's portfolio. The acquisition allows Akamai to smoothly migrate several hundred net new customers to its business, providing a clear path and necessary support to ensure continuity of services prior to Edgio ceasing operations of its content delivery network.
Quick answer
Akamai Technologies is acquiring Edgio, Inc., announced December 13, 2024. Akamai Technologies is based in Cambridge, Massachusetts, United States.
- Who acquired Edgio, Inc?
- Akamai Technologies agreed to acquire Edgio, Inc. on December 13, 2024.
- How much did Akamai Technologies pay for Edgio, Inc?
- The deal value was not disclosed.
- What does Akamai Technologies do?
- Akamai secures and delivers digital experiences for the world's largest companies.
- Where are Akamai Technologies and Edgio, Inc. based?
- Akamai Technologies is based in Cambridge, Massachusetts, United States. Edgio, Inc. is based in Tempe, Arizona, United States.
Source: Fundz verified event record.
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Frequently asked
Who acquired Edgio, Inc.?
Edgio, Inc. was acquired by Akamai Technologies, based in Cambridge. The deal was reported on December 13, 2024. Akamai secures and delivers digital experiences for the world's largest companies. Akamai Technologies is publicly traded (AKAM) and operates in Software.
When did Akamai Technologies acquire Edgio, Inc.?
Akamai Technologies's acquisition of Edgio, Inc. was reported on December 13, 2024. Akamai Technologies, Inc. has completed its acquisition of select assets from Edgio, including certain customer contracts from Edgio's businesses in content delivery and security, and non-exclusive license rights to patents in Edgio's portfolio. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Edgio, Inc. do?
Edgio (NASDAQ: EGIO) helps companies deliver online experiences and content faster, safer, and with more control. It is privately held, operating in Information Technology, and is based in Tempe.
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