June 23, 2018, 10:25 am
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Akamai to acquire enterprise security expert Nominum

Akamai Technologies, Inc. announced recently that it 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.

Attackers constantly target carriers and enterprises 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.

“Akamai knows how critical it is for carriers and enterprises to ensure their online experiences are safe, reliable and fast for their users,” Robert Blumofe, Executive Vice President, Platform & General Manager, Enterprise and Carrier Division said. 
Nominum is a privately-funded company headquartered in Redwood City, California.

“We believe this acquisition is a key investment in our security capabilities because Nominum will bring complementary technology, engineering, technical support and sales talent to better reach and serve our carrier partners and their enterprise customers,” Blumofe adds.
Akamai reiterates its intention to manage the Company’s EBITDA margins within its previously stated range of mid-30s while it integrates Nominum.
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