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  6. Fastly Acquires Glitch

M&A Deal Summary

Fastly Acquires Glitch

On May 19, 2022, Fastly acquired internet software and services company Glitch

Acquisition Highlights
  • This is Fastly’s 2nd transaction in the Internet Software and Services sector.
  • This is Fastly’s 3rd transaction in the United States.
  • This is Fastly’s 1st transaction in New York.

M&A Deal Summary
Date 2022-05-19
Target Glitch
Sector Internet Software and Services
Buyer(s) Fastly
Deal Type Add-on Acquisition

Target

Glitch

New York, New York, United States
Glitch is a developer platform where more than 1.8 million developers innovate, create, and share full-stack web apps without having to run the infrastructure or manage tools themselves. Glitch was founded in 2000 and is based in New York City.

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Buyer(S) 1

Buyer

Fastly

San Francisco, California, United States
Category Company
Founded 2011
Sector Information Technology
Employees1,100
Revenue 544M USD (2024)
DESCRIPTION

Fastly is a content delivery company. Fastly’s edge cloud platform enables customers to create great digital experiences quickly, securely, and reliably by processing, serving, and securing our customers’ applications as close to their end-users as possible at the edge of the internet. The platform is designed to take advantage of the modern internet, to be programmable, and to support agile software development. Fastly was founded in 2011 and is based in San Francisco, California.

DEAL STATS #
Overall 3 of 3
Sector: Internet Software and Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 3 of 3
State: New York M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2022 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-30 Fanout

Mountain View, California, United States

Fanout is a platform that makes it easy to build and scale real-time and streaming APIs such as live chat support, eCommerce, video streaming, gaming, collaborative editing, and more.

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