M&A Deal Summary

Akamai Technologies Acquires Acerno

On November 3, 2008, Akamai Technologies acquired information services company Acerno for 95M USD

Acquisition Highlights
  • This is Akamai Technologies’ 1st transaction in the Information Services sector.
  • This is Akamai Technologies’ 9th largest (disclosed) transaction.
  • This is Akamai Technologies’ 5th transaction in the United States.
  • This is Akamai Technologies’ 1st transaction in New York.

M&A Deal Summary
Date 2008-11-03
Target Acerno
Sector Information Services
Buyer(s) Akamai Technologies
Deal Type Merger
Deal Value 95M USD
Advisor(s) The Jordan, Edmiston Group, Inc. (JEGI) (Financial)

Target

Acerno

New York, New York, United States
Acerno, Inc. is a co-operative of shopping and purchase data for enabling more relevant online advertising. Acerno provides consumer shopping data from product manufacturers and multi-channel retailers, acerno's powerful analytics predict who these consumers are and what products or services they are interested in buying.

Search 202,137 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Akamai Technologies

Cambridge, Massachusetts, United States
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 5 of 34
Sector (Information Services) 1 of 1
Type (Merger) 1 of 1
State (New York) 1 of 2
Country (United States) 5 of 25
Year (2008) 1 of 1
Size (of disclosed) 9 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-04-12 Red Swoosh

San Francisco, California, United States

Red Swoosh's technology is designed to empower content publishers and distributors to manage and monetize large-file distribution to edge devices, such as set top boxes and personal computers. Red Swoosh, Inc.,has developed innovative client-side technology for supporting the management and distribution of media files in a controlled fashion, respecting the rights restrictions and copyrights of all publishers. By providing a controlled environment with effective business rules.

Buy $19M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-06-10 Velocitude

Fort Lauderdale, Florida, United States

Velocitude LLC, a mobile services platform. A unique software as a service mobile platform has transformed PC-oriented websites into viewable mobile sites for some of today's largest retailers and brand-name businesses

Buy -
Mergr

Product

Company

Legal