Akamai Technologies, a cloud-based provider of online data security, is acquiring Prolexic, a company focused on protecting data centers and enterprise IP applications from distributed denial of service (DDoS) attacks, for $370 million.
The acquisition is designed to provide customers with a comprehensive portfolio of security solutions that can defend companies’ web and IP infrastructure against application-layer, network-layer and data center attacks delivered via the Internet.
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“Any company doing business on the Internet faces an evolving threat landscape of attacks aimed at disrupting operations, defacing the brand, or attempting to steal sensitive data and information,” said Tom Leighton, CEO of Akamai. “By joining forces with Prolexic, we intend to combine Akamai’s leading security and performance platform with Prolexic’s highly-regarded DDoS mitigation solutions for data center and enterprise applications protection.”
The transaction is expected to close in the first half of 2014.
