Akamai Technologies to buy DDoS protection Firm Prolexic for $370 Million

Akamai Technologies to buy DDoS protection Firm Prolexic for $370 Million


Akamai Technologies Inc. (AKAM) has announced that it is buying Prolexic Technologies Inc. for about $370 million in cash for expanding its cybersecurity offerings.
Prolexic is a provider of cloud-based security solutions for protecting data centers and enterprise IP applications from distributed denial of service (DDoS) attack.