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What You Need to Know About Akamai's $600 Million Acquisition

·4-min read
What You Need to Know About Akamai's $600 Million Acquisition
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Last week, Akamai Technologies (NASDAQ: AKAM) announced its intention to acquire the cloud security specialist Guardicore for approximately $600 million in cash. Akamai Technologies is the legacy leader in the content delivery network (CDN) area. In contrast with Akamai, those younger companies don't have to deal with legacy infrastructures, which allows them to develop innovative services to boost their revenue growth.

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