M&A Deal Summary

Akamai Technologies Acquires Noname Security

On May 7, 2024, Akamai Technologies acquired information technology company Noname Security for 450M USD

Acquisition Highlights
  • This is Akamai Technologies’ 19th transaction in the Information Technology sector.
  • This is Akamai Technologies’ 3rd largest (disclosed) transaction.
  • This is Akamai Technologies’ 25th transaction in the United States.
  • This is Akamai Technologies’ 13th transaction in California.

M&A Deal Summary
Date 2024-05-07
Target Noname Security
Sector Information Technology
Buyer(s) Akamai Technologies
Deal Type Add-on Acquisition
Deal Value 450M USD

Target

Noname Security

San Jose, California, United States
website
Noname Security is an application programming interface (API) security company, application programming interface (API) security company. Noname Security was founded in 2020 and is based in San Jose, California.

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Buyer(S) 1

Buyer

Akamai Technologies

Cambridge, Massachusetts, United States

website

Category Company
Founded 1998
Sector Information Technology
Employees8,780
Revenue 3.8B USD (2023)
DESCRIPTION
Akamai's corporate headquarters in Cambridge, Massachusetts.
Akamai's corporate headquarters in Cambridge, Massachusetts.

Akamai Technologies is a provider of cloud services for delivering, optimizing and securing online content and business applications. Akamai was formed in 1998 and is based in Cambridge, Massachusetts.

DEAL STATS #
Overall 34 of 34
Sector (Information Technology) 19 of 19
Type (Add-on Acquisition) 31 of 31
State (California) 13 of 13
Country (United States) 25 of 25
Year (2024) 1 of 1
Size (of disclosed) 3 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
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Monroe, Louisiana, United States

Lumen's Select Content Delivery Customer Contracts provides an array of communications services.

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