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


 
Russian-Speaking APTs Turla and Sofacy Share Malware Delivery Scheme, and Overlap Some Targets in Asia
Techworld Date Posted: 10 October 2018 4:10 PM | 217 Views
Kaspersky Lab researchers monitoring the various clusters of the long standing, Russian-speaking threat actor, Turla (also known as Snake or Uroburos) have discovered that the most recent evolution of its KopiLuwak malware is delivered.... See More
 
Russian-Speaking APTs Turla and Sofacy Share Malware Delivery Scheme, and Overlap Some Targets in Asia
Techworld Date Posted: 4:10 PM | 217 Views
Kaspersky Lab researchers monitoring the various clusters of the long standing, Russian-speaking threat actor, Turla (also known as Snake or Uroburos) have discovered that the most recent evolution of its KopiLuwak malware is delivered...See More

 
Transcend®’s DrivePro 550 Dashcam Provides Added Protection with Its Dual Lenses
Techworld Date Posted: 27 June 2018 1:17 PM | 576 Views
Transcend® Information, Inc. (Transcend®), a leading manufacturer of storage and multimedia products, is proud to announce the release of the DrivePro 550 Dashcam. Featuring a dual lens camera and a large viewing angle, the.... See More
 
Transcend®’s DrivePro 550 Dashcam Provides Added Protection with Its Dual Lenses
Techworld Date Posted: 1:17 PM | 576 Views
Transcend® Information, Inc. (Transcend®), a leading manufacturer of storage and multimedia products, is proud to announce the release of the DrivePro 550 Dashcam. Featuring a dual lens camera and a large viewing angle, the...See More

transcend
PC Buyers Guide
Meet Transcend at Perfectshot SM North Edsa to Get Free Gifts and Join the Lucky Draw
Techworld • By: PC Buyers Guide | Date Posted: 21 November 2018 10:51 AM | 214 Views
Get ready for the biggest camera SALE and have fun with Transcend! Visit the PerfectShot at SM City North Edsa (Upper Ground Floor, Centermall near SM Dept. Store) from November 22 to 28, 2018.... See More
PC Buyers Guide
transcend
Meet Transcend at Perfectshot SM North Edsa to Get Free Gifts and Join the Lucky Draw
Techworld • By: PC Buyers Guide | Date Posted: 10:51 AM | 214 Views
Get ready for the biggest camera SALE and have fun with Transcend! Visit the PerfectShot at SM City North Edsa (Upper Ground Floor, Centermall near SM Dept. Store) from November 22 to 28, 2018...See More

 
Transcend Gives Back to Over 300 Kids with Metro World Child for the Sidewalk Sunday School Project
Techworld Date Posted: 6 October 2018 9:16 AM | 625 Views
In many cities and villages, there are children who have no control over where they were born or what extreme circumstances they were brought into; they have no way of seeing themselves out of.... See More
 
Transcend Gives Back to Over 300 Kids with Metro World Child for the Sidewalk Sunday School Project
Techworld Date Posted: 9:16 AM | 625 Views
In many cities and villages, there are children who have no control over where they were born or what extreme circumstances they were brought into; they have no way of seeing themselves out of...See More

 
GeForce® Gamers Are Game Ready for Final Fantasy XV! PUBG Now even Faster!
Techworld Date Posted: 1 March 2018 2:55 PM | 949 Views
NVIDIA® has released a new Game Ready Driver for Final Fantasy XV Windows Edition. In addition, it provides a performance boost of up to 7% in PlayerUnknown’s Battlegrounds (PUBG), along with being optimised for.... See More
 
GeForce® Gamers Are Game Ready for Final Fantasy XV! PUBG Now even Faster!
Techworld Date Posted: 2:55 PM | 949 Views
NVIDIA® has released a new Game Ready Driver for Final Fantasy XV Windows Edition. In addition, it provides a performance boost of up to 7% in PlayerUnknown’s Battlegrounds (PUBG), along with being optimised for...See More

 
Concerns on the Rise about Mobile Apps Watching and Tracking Users, Finds Kaspersky Lab
Techworld Date Posted: 16 July 2018 4:28 PM | 472 Views
The monitoring capabilities of mobile apps are becoming a concern for users, many of whom are worried that the apps on their connected devices might be able track them down, watch what they’re doing,.... See More
 
Concerns on the Rise about Mobile Apps Watching and Tracking Users, Finds Kaspersky Lab
Techworld Date Posted: 4:28 PM | 472 Views
The monitoring capabilities of mobile apps are becoming a concern for users, many of whom are worried that the apps on their connected devices might be able track them down, watch what they’re doing,...See More

 
Nokia Mobile Rocks October with Fun Deals
Techworld Date Posted: 5 October 2018 5:27 PM | 619 Views
Nokia fans can now avail the Android™ One-powered Nokia smartphones at new affordable price tags. From October 1, the built-to-last Nokia 6.1 is available for Php14,990. Nokia mobile’s flagship hero, the Nokia 7 Plus,.... See More
 
Nokia Mobile Rocks October with Fun Deals
Techworld Date Posted: 5:27 PM | 619 Views
Nokia fans can now avail the Android™ One-powered Nokia smartphones at new affordable price tags. From October 1, the built-to-last Nokia 6.1 is available for Php14,990. Nokia mobile’s flagship hero, the Nokia 7 Plus,...See More

 
International Women’s Day Kaspersky Lab Aims to Close the Gender Gap in Cybersecurity
Techworld Date Posted: 8 March 2018 4:33 PM | 229 Views
In recent years, more and more women have climbed the corporate ladder to occupy important positions in the business world serving as role models for young girls.. See More
 
International Women’s Day Kaspersky Lab Aims to Close the Gender Gap in Cybersecurity
Techworld Date Posted: 4:33 PM | 229 Views
In recent years, more and more women have climbed the corporate ladder to occupy important positions in the business world serving as role models for young girls.See More

 
CYBER HYGIENE 101: Kaspersky Lab Underscores Securing Digital Assets Like Physical Valuables
Techworld Date Posted: 5 October 2018 5:23 PM | 340 Views
With the undeniable dependency of humans to their connected devices, amid the steadily increasing number of attacks and the whopping costs of successful data breaches, Kaspersky Lab recently stressed the need for improved cyber.... See More
 
CYBER HYGIENE 101: Kaspersky Lab Underscores Securing Digital Assets Like Physical Valuables
Techworld Date Posted: 5:23 PM | 340 Views
With the undeniable dependency of humans to their connected devices, amid the steadily increasing number of attacks and the whopping costs of successful data breaches, Kaspersky Lab recently stressed the need for improved cyber...See More

 
Fortinet Reports Third Quarter 2018 Financial Results
Techworld Date Posted: 6 November 2018 4:07 PM | 233 Views
Fortinet® (Nasdaq: FTNT), a global leader in broad, integrated and automated cybersecurity solutions, has announced financial results for the third quarter of 2018.. See More
 
Fortinet Reports Third Quarter 2018 Financial Results
Techworld Date Posted: 4:07 PM | 233 Views
Fortinet® (Nasdaq: FTNT), a global leader in broad, integrated and automated cybersecurity solutions, has announced financial results for the third quarter of 2018.See More


Power by

Download Free AZ | Free Wordpress Themes