Akamai completes purchase of DDoS vendor Prolexic


By Dylan Bushell-Embling
Wednesday, 19 February, 2014


Akamai completes purchase of DDoS vendor Prolexic

Cloud-based web content and application delivery technology company Akamai has completed the acquisition of DDoS security vendor Prolexic for around US$370 million (AU$411 million).

Under the deal, first announced in December, Akamai has acquired full control of Prolexic.

Prolexic specialises in cloud-based services for protecting data centres from DDoS attacks. The company was founded in 2003.

Akamai CEO Tom Leighton said the company plans to integrate Prolexic technology with its own portfolio to offer a suite of security products designed to protect enterprises at both the web and application layers.

“Our focus is to optimise and secure the ‘entire IP experience’, web or otherwise, and to provide an unparalleled layer of protection against the most sophisticated of attacks without sacrificing site or application performance,” he said.

The company will be targeting “online businesses across all industries” with the integrated security products, he said.

Akamai has revealed it expects the Prolexic acquisition to contribute about US$7-8 million in additional revenue for the March quarter. As a result, the company is now forecasting revenue for the period in the range of US$433-450 million.

Image courtesy of Andrew Mager under CC

Related Articles

Emergency onboarding: what to do before and after a data breach

Organisations that have an emergency onboarding plan are better positioned to have their business...

Savvy directors are demanding more points of proof when cyber incidents occur

Pre-agreement on what a post-incident forensics effort should produce — and testing it out...

Cyber-attack prevention is better than a cure

Corporate and political decision-makers need to invest in areas that do a better job of...


  • All content Copyright © 2024 Westwick-Farrow Pty Ltd