Akamai Technologies, Inc. (NASDAQ: AKAM) today announced the company has entered into an agreement to acquire Nominum, a market leader in DNS and enterprise security solutions for carriers. The acquisition is intended to add complementary capabilities to Akamai’s portfolio of security offerings while expanding Akamai’s distribution to carriers that serve enterprise customers. The all-cash transaction is expected to close later this quarter.

 

Carriers and enterprises are increasingly targeted by attackers attempting to exploit weaknesses and gaps in cybersecurity defenses. By combining Nominum’s carrier-grade cybersecurity solutions with Akamai’s enterprise security offerings and threat intelligence, Akamai intends to serve a larger base of carrier and enterprise customers with more comprehensive security products. These products will be designed to more effectively identify, block, and mitigate cybersecurity threats such as malware, ransomware, phishing, and data exfiltration.

 

“Akamai knows how critical it is for carriers and enterprises to ensure their online experiences are safe, reliable and fast for their users,” said Robert Blumofe, Executive Vice President, Platform & General Manager, Enterprise and Carrier Division. “We believe this acquisition is a key investment in our security capabilities because Nominum will bring complementary technology, engineering, technical support and sales talent to better reach and serve our carrier partners and their enterprise customers.”

 

Nominum is a privately-funded company headquartered in Redwood City, CA. Akamai expects the acquisition to be dilutive to non-GAAP earnings in the fiscal fourth quarter and 2018 due to integration costs and the impact purchase accounting has on revenue recognition. The dilutive impact in the fiscal fourth quarter of 2017 is expected to be approximately $0.05, and approximately $0.11 for fiscal 2018. Akamai expects the acquisition to be accretive in 2019.

 

Akamai reiterates its intention to manage the Company’s EBITDA margins within its previously stated range of mid-30s while it integrates Nominum.

 

To learn more about the acquisition, Akamai CEO Dr. Tom Leighton’s keynote address from Akamai EDGE 2017, the Company’s tenth annual customer conference, will be available at 12:00 noon PT today at edge.akamai.com/tomleightonkeynote


RECOMMENDED ARTICLE FOR TECHWORLD


 
Lian Li Partners with Razer for Special Edition PC-O11
Techworld Date Posted: 7 June 2018 9:48 AM | 573 Views
Lian Li Industrial Co. Ltd., world’s leading manufacturer of aluminum chassis for enthusiasts, custom OEM/ODM case solutions and case accessories in partnership with Razer, the world’s leading lifestyle brand for gamers, is proud to.... See More
 
Lian Li Partners with Razer for Special Edition PC-O11
Techworld Date Posted: 9:48 AM | 573 Views
Lian Li Industrial Co. Ltd., world’s leading manufacturer of aluminum chassis for enthusiasts, custom OEM/ODM case solutions and case accessories in partnership with Razer, the world’s leading lifestyle brand for gamers, is proud to...See More

 
Symantec Protects Office 365 with Industry-Leading Data Loss Prevention and New Data Rights Management
Techworld Date Posted: 2 October 2018 11:30 AM | 50 Views
Symantec Corp. (NASDAQ: SYMC), the world’s leading cyber security company, today announced new enhancements to its Data Loss Prevention (DLP) technology to protect information in Office 365. With Symantec DLP, data is protected whether.... See More
 
Symantec Protects Office 365 with Industry-Leading Data Loss Prevention and New Data Rights Management
Techworld Date Posted: 11:30 AM | 50 Views
Symantec Corp. (NASDAQ: SYMC), the world’s leading cyber security company, today announced new enhancements to its Data Loss Prevention (DLP) technology to protect information in Office 365. With Symantec DLP, data is protected whether...See More

 
Lax Security Leaves Car Sharing Apps Vulnerable to Attack
Techworld Date Posted: 2 August 2018 1:33 PM | 453 Views
Kaspersky Lab researchers have examined the security of 13 car sharing applications from household manufacturers across the globe – including those from Russia, the US, and Europe.. See More
 
Lax Security Leaves Car Sharing Apps Vulnerable to Attack
Techworld Date Posted: 1:33 PM | 453 Views
Kaspersky Lab researchers have examined the security of 13 car sharing applications from household manufacturers across the globe – including those from Russia, the US, and Europe.See More

 
New Game Ready Driver Is Optimised for Star Wars Battlefront II, And Improves Destiny 2 Performance by up to 53%
Techworld Date Posted: 16 November 2017 5:26 PM | 212 Views
Hot on the heels of the Star Wars inspired GPUs comes the Star Wars TM BattlefrontTM II Game Ready driver from NVIDIA. Star Wars Battlefront II is launching worldwide on November 17, 2017, but.... See More
 
New Game Ready Driver Is Optimised for Star Wars Battlefront II, And Improves Destiny 2 Performance by up to 53%
Techworld Date Posted: 5:26 PM | 212 Views
Hot on the heels of the Star Wars inspired GPUs comes the Star Wars TM BattlefrontTM II Game Ready driver from NVIDIA. Star Wars Battlefront II is launching worldwide on November 17, 2017, but...See More

 
HyperX Now the Official Gaming Headset Partner of the Philadelphia 76ers
Techworld Date Posted: 24 October 2017 2:25 PM | 263 Views
HyperX®, the gaming division of Kingston Technology, today announced the official headset sponsorship of the Philadelphia 76ers, the first professional NBA team to partner with HyperX. During the 2017-2018 NBA season, HyperX will bringing.... See More
 
HyperX Now the Official Gaming Headset Partner of the Philadelphia 76ers
Techworld Date Posted: 2:25 PM | 263 Views
HyperX®, the gaming division of Kingston Technology, today announced the official headset sponsorship of the Philadelphia 76ers, the first professional NBA team to partner with HyperX. During the 2017-2018 NBA season, HyperX will bringing...See More

 
Costly Cloud Breaches Putting Digital Transformation Strategies at Risk, Finds Kaspersky Lab
Techworld Date Posted: 25 May 2018 2:51 PM | 214 Views
The success of digital transformation projects are being stalled by the fear of the impact and rising costs of breaches associated with “data on the go”. According to new research from Kaspersky Lab, safeguarding.... See More
 
Costly Cloud Breaches Putting Digital Transformation Strategies at Risk, Finds Kaspersky Lab
Techworld Date Posted: 2:51 PM | 214 Views
The success of digital transformation projects are being stalled by the fear of the impact and rising costs of breaches associated with “data on the go”. According to new research from Kaspersky Lab, safeguarding...See More

 
Lenovo Continues Support for Youth Organizations, Named Exclusive Technology Partner Anew of TAYO Awards Foundation
Techworld Date Posted: 15 February 2018 5:13 PM | 185 Views
Lenovo, one of the world’s biggest technology companies, is once again the official technology partner of the Ten Accomplished Youth Organizations (TAYO) Awards Foundation, Inc.. See More
 
Lenovo Continues Support for Youth Organizations, Named Exclusive Technology Partner Anew of TAYO Awards Foundation
Techworld Date Posted: 5:13 PM | 185 Views
Lenovo, one of the world’s biggest technology companies, is once again the official technology partner of the Ten Accomplished Youth Organizations (TAYO) Awards Foundation, Inc.See More

 
HyperX Announced as Official Peripheral Sponsor of Kuala Lumpur Major
Techworld Date Posted: 25 October 2018 1:43 PM | 44 Views
As the popularity of eSports has exploded in Southeast Asia with more than 9.5 million eSports enthusiasts,* PGL this year will bring the global tournament of Dota 2, one of the most played titles.... See More
 
HyperX Announced as Official Peripheral Sponsor of Kuala Lumpur Major
Techworld Date Posted: 1:43 PM | 44 Views
As the popularity of eSports has exploded in Southeast Asia with more than 9.5 million eSports enthusiasts,* PGL this year will bring the global tournament of Dota 2, one of the most played titles...See More

 
Synology® Introduces DiskStation DS418j
Techworld Date Posted: 15 August 2017 3:07 PM | 250 Views
Synology Inc. launched in Taiwan the new DiskStation DS418j, a budget-friendly 4-bay NAS server designed to help home and individual users to manage, protect and share data effectively. DS418j is powered by a brand-new 64-bit.... See More
 
Synology® Introduces DiskStation DS418j
Techworld Date Posted: 3:07 PM | 250 Views
Synology Inc. launched in Taiwan the new DiskStation DS418j, a budget-friendly 4-bay NAS server designed to help home and individual users to manage, protect and share data effectively. DS418j is powered by a brand-new 64-bit...See More

 
IDC Philippines Unveils its Top ICT Predictions for 2017 and Beyond
Techworld Date Posted: 9 February 2017 2:38 PM | 170 Views
MANILA, Philippines – IDC Philippines announced its top predictions for the Philippine ICT industry for 2017 and beyond and predicts 25% of its top 1,000 companies will see majority of their business depend on.... See More
 
IDC Philippines Unveils its Top ICT Predictions for 2017 and Beyond
Techworld Date Posted: 2:38 PM | 170 Views
MANILA, Philippines – IDC Philippines announced its top predictions for the Philippine ICT industry for 2017 and beyond and predicts 25% of its top 1,000 companies will see majority of their business depend on...See More


Power by

Download Free AZ | Free Wordpress Themes