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Akamai Announces Intent To Acquire API Security Company Noname



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May 7 (Reuters) -Akamai Technologies Inc AKAM.O:

  • AKAMAI ANNOUNCES INTENT TO ACQUIRE API SECURITY COMPANY NONAME

  • AKAMAI TECHNOLOGIES INC: PROPOSED DEAL FOR APPROXIMATELY $450 MILLION

  • AKAMAI TECHNOLOGIES INC - UNDER TERMS OF AGREEMENT, AKAMAI HAS AGREED TO ACQUIRE ALL OF OUTSTANDING EQUITY OF NONAME FOR APPROXIMATELY $450 MILLION

  • AKAMAI TECHNOLOGIES INC: FOR FISCAL YEAR 2024, ACQUISITION IS ANTICIPATED TO DELIVER APPROXIMATELY $20 MILLION OF REVENUE

  • AKAMAI TECHNOLOGIES INC: FOR FISCAL YEAR 2024, ACQUISITION IS ANTICIPATED TO BE DILUTIVE TO NON-GAAP NET INCOME PER DILUTED SHARE BY ABOUT $0.10

Source text for Eikon: ID:nPn2qclJFa

Further company coverage: AKAM.O


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