Akamai Completes Acquisition of Nominum

CAMBRIDGE, Mass., Nov. 27, 2017 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM) today announced the company has completed its acquisition of Nominum, a provider of DNS-based security solutions supporting many of the world's leading carriers.  On October 11, 2017, Akamai announced an agreement between the parties for Akamai to acquire Nominum in an all-cash transaction.

The combination of the two companies' technologies and teams is expected to help Akamai serve a larger base of carrier and enterprise customers with more comprehensive security products designed to identify, block, and mitigate cybersecurity threats such as malware, ransomware, phishing, and data exfiltration.

"Nominum provides Akamai important technology and DNS expertise to help protect carriers and enterprises increasingly targeted by attackers attempting to exploit weaknesses and gaps in their cybersecurity defenses," said Dr. Tom Leighton, CEO of Akamai.  "With our acquisition now complete, we're looking forward to deepening our relationships with our carrier partners as we work together to make the Internet faster and more secure." 

According to Gartner's Competitive Landscape: Secure Web Gateways by Lawrence Pingree and Ruggero Contu, September 12, 2017, DNS-based blocking and filtering do offer much higher performance and lower latency as a filter mechanism because they not only leverage small UDP packets (designed inherently to be the most optimally performing packets), but also because they do not require proxying and the complete transfer of content via a web connection." 

To learn more about how Nominum extends Akamai's carrier and enterprise security portfolio, please visit www.akamai.com/nominum.

About Akamai 
As the world's largest and most trusted cloud delivery platform, Akamai makes it easier for its customers to provide the best and most secure digital experiences on any device, anytime, anywhere. Akamai's massively distributed platform is unparalleled in scale with over 200,000 servers across 130 countries, giving customers superior performance and threat protection. Akamai's portfolio of web and mobile performance, cloud security, enterprise access, and video delivery solutions are supported by exceptional customer service and 24/7 monitoring. To learn why the top financial institutions, e-commerce leaders, media & entertainment providers, and government organizations trust Akamai please visit www.akamai.com, blogs.akamai.com, or @Akamai on Twitter.

The release contains information about future expectations, plans and prospects of Akamai's management that constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995, including statements about expected benefits to Akamai from the acquisition. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors including, but not limited to, inability to successfully integrate the technology and personnel of Nominum, failure to provide expected benefits of combined technologies, and other factors that are discussed in the Company's Annual Report on Form 10-K, quarterly reports on Form 10-Q, and other documents periodically filed with the SEC.

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SOURCE Akamai Technologies, Inc.