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Akamai Technologies Acquires Customers and Select Intellectual Property from Instart; Non-dilutive transaction expected to accelerate development of Page Integrity solution and provide access to new sales opportunities

Feb 27, 2020 - PR Newswire
Mergers and Acquisitions

PR Newswire

 Akamai Technologies Inc., (NASDAQ: AKAM), the intelligent edge platform for securing and delivering digital experiences, announces it has closed an asset purchase transaction with Palo Alto, California-based Instart to acquire customer contracts and intellectual property (IP). Akamai intends to expeditiously transition the acquired customers to Akamai's platform. The acquired IP is expected to benefit the development of Akamai's page integrity solution.

"Akamai ...