Akamai Acquires Noname Security for $450 Million

May 7, 2024

Akamai Technologies has agreed to acquire API security startup Noname Security for approximately $450 million, subject to customary closing conditions expected in Q2 2024. The acquisition will fold Noname's API security platform and its team of more than 200 employees into Akamai's Security Technology Group to expand Akamai's API protection capabilities and accelerate go-to-market scale.

Buyers
Akamai Technologies
Targets
Noname Security
Industry
Cybersecurity
Location
California, United States
Transaction Type
Buyout

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