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M&A Deal Summary

Akamai Technologies Acquires Speedera Networks

On June 13, 2005, Akamai Technologies acquired internet software and services company Speedera Networks for 130M USD

Acquisition Highlights
  • This is Akamai Technologies’ 1st transaction in the Internet Software and Services sector.
  • This is Akamai Technologies’ 8th largest (disclosed) transaction.
  • This is Akamai Technologies’ 1st transaction in the United States.
  • This is Akamai Technologies’ 1st transaction in California.

M&A Deal Summary
Date 2005-06-13
Target Speedera Networks
Sector Internet Software and Services
Buyer(s) Akamai Technologies
Deal Type Add-on Acquisition
Deal Value 130M USD

Target

Speedera Networks

Santa Clara, California, United States
Speedera Networks, Inc. is a provider of distributed application hosting and content delivery services. The company's SpeedSuite family of services provides on-demand services that cost-effectively solve the performance, scalability, availability and security problems of distributed applications and Web sites. Speedera's edge delivery network is deployed in the Americas, Europe and the Asia-Pacific region, with connectivity to over 1,000 carrier networks, controlled by a patented global traffic management system.

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Buyer(S) 1

Buyer

Akamai Technologies

Cambridge, Massachusetts, United States
Category Company
Founded 1998
Sector Information Technology
Employees10,700
Revenue 4.0B USD (2024)
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 1 of 35
Sector: Internet Software and Services M&A 1 of 10
Type: Add-on Acquisition M&A Deals 1 of 32
State: California M&A 1 of 13
Country: United States M&A 1 of 26
Year: 2005 M&A 1 of 1
Size (of disclosed) 8 of 10
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-11-20 Nine Systems

San Diego, California, United States

Nine Systems Corp. provides software solutions for media production, publishing, and distribution.

Buy $164M
Mergr

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