Akamai Technologies Acquires API Security Company Neosec
April 19, 2023
Akamai Technologies has entered into a definitive agreement to acquire Neosec, an API detection-and-response platform headquartered in Palo Alto (with operations in Tel Aviv). The acquisition expands Akamai's application and API security capabilities by adding Neosec's API visibility and behavioral-analytics technology; the deal is expected to close in Q2 2023 and is not expected to add material revenue for 2023.
- Buyers
- Akamai Technologies, Inc.
- Targets
- Neosec
- Industry
- Cybersecurity
- Location
- California, United States
- Transaction Type
- Buyout
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