M&A Deal Summary

Verimatrix Acquires Akamai Technologies - Identity Services

On October 23, 2018, Verimatrix acquired media company Akamai Technologies - Identity Services from Akamai Technologies

Acquisition Highlights
  • This is Verimatrix’s 2nd transaction in the Media sector.
  • This is Verimatrix’s 2nd transaction in the United States.
  • This is Verimatrix’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2018-10-23
Target Akamai Technologies - Identity Services
Sector Media
Buyer(s) Verimatrix
Sellers(s) Akamai Technologies
Deal Type Divestiture

Target

Akamai Technologies - Identity Services

Cambridge, Massachusetts, United States
Akamai Technologies, Inc. - Identity Services enables content providers and video service operators to rapidly bring authenticated TVE services to market by providing a common framework for implementing and scaling proprietary provider-operator relationships.

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Buyer(S) 1

Buyer

Verimatrix

San Diego, California, United States
Category Company
Founded 1999
Sector Software
Employees300
Revenue 79M USD (2018)
DESCRIPTION

Verimatrix, Inc. is a software-based content security for digital television services. Verimatrix was founded in 1999 and is based in San Diego, California.

DEAL STATS #
Overall 3 of 3
Sector (Media) 2 of 2
Type (Divestiture) 3 of 3
State (Massachusetts) 1 of 1
Country (United States) 2 of 2
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-23 MiriMON

United Kingdom

MiriMON delivers real-time service quality and customer experience insight for Digital TV and streaming media services. With MiriMON, customer service agents, network operations teams, product managers and marketing teams, all benefit from real-time updates displayed through live dashboards, and have access to deeper insights available through historical trend reports.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-03 Verimatrix - Silicon IP Secure Protocols & Provisioning Business

San Diego, California, United States

Verimatrix, Inc. - Silicon IP, Secure Protocols & Provisioning Business provides security and analytics solutions that protect devices, services, and applications.

Sell -

Seller(S) 1

SELLER

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 2 of 2
Sector (Media) 2 of 2
Type (Divestiture) 1 of 1
State (Massachusetts) 2 of 2
Country (United States) 2 of 2
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-11 Nominum

Redwood City, California, United States

Nominum, Inc. is a provider of DNS and enterprise security solutions for carriers. Nominum is based in Redwood City, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-07 Janrain

Portland, Oregon, United States

Janrain, Inc. pioneered Customer Identity and Access Management (CIAM) and leads the market it created. The company was founded in 2002 and has led the industry with notable innovations such as inventing social login, leading the formation of the OpenID Foundation, and launching the first cloud directory. Today’s end-user consumers are digital natives - who have ever-increasing expectations of seamless, secure and highly relevant digital experiences with the brands they trust.

Buy -
Mergr

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