Akamai Acquisition Speeds Its Move Into Cybersecurity
Aiming to speed up its move into cybersecurity services, Akamai Technologies (AKAM) on Monday announced that it’s agreed to acquire privately held Prolexic Technologies for about $370 million. Cambridge, Mass-based Akamai, an Internet content delivery specialist, said it expects the deal to close in the first half of 2014. The company said in its press release that it expects the acquisition will reduce its earnings per share minus items by 6