Akamai to acquire Prolexic

Akamai Technologies has plans to buy cloud based security service provider Prolexic Technologies for about $370 million. Both the companies have signed a definitive agreement to provide fast, reliable and secure internet.

"Any company doing business on the Internet faces an evolving threat landscape of attacks aimed at disrupting operations, defacing the brand, or attempting to steal sensitive data and information," said Tom Leighton, CEO, Akamai. By joining forces with Prolexic, Akamai intends to combine its security and performance platform with Prolexic's DDoS mitigation solutions for data center and enterprise applications protection.

"Today, business is defined by the availability, security and latency of Internet-facing applications, data and infrastructure," said Scott Hammack, CEO at Prolexic.