M&A Deal Summary

Akamai Technologies Acquires Asavie

On October 27, 2020, Akamai Technologies acquired information technology company Asavie

Acquisition Highlights
  • This is Akamai Technologies’ 13th transaction in the Information Technology sector.
  • This is Akamai Technologies’ 1st transaction in Ireland.

M&A Deal Summary

Date 2020-10-27
Target Asavie
Sector Information Technology
Buyer(s) Akamai Technologies
Deal Type Add-on Acquisition

Target

Asavie

Dublin, Ireland
Asavie is a provider in secure Enterprise Mobility and IoT services. Asavie’s on-demand mobility and IoT services provide increased productivity, valuable insights and enhanced security for the digital business. Asavie was established in 2004 and is based in Dublin, Ireland.

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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 26 of 35
Sector: Information Technology M&A 13 of 20
Type: Add-on Acquisition M&A Deals 25 of 32
Country: Ireland M&A 1 of 1
Year: 2020 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-27 Instart Logic

Palo Alto, California, United States

Instart Logic, Inc. is an application delivery company that provides end-to-end application acceleration for web, hybrid, and native applications.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-01 Inverse

Montreal, Quebec, Canada

Inverse, Inc. is a provider of the robust data repository and world-class algorithms capable of identifying an expansive universe of IoT, mobile, and other device types. These include HVAC, lighting systems, medical equipment, robotics, printers, and beyond, along with a deep understanding of their expected network behaviors. Inverse was founded in 1998 and is based in Montreal, Quebec.

Buy -