Akamai Technologies to Acquire Linode for $900 Million
February 16, 2022
Akamai Technologies entered into a definitive agreement to acquire Linode, an infrastructure-as-a-service (IaaS) platform provider. The deal is structured as an asset purchase for approximately $900 million and is expected to close in the first quarter of 2022, subject to customary closing conditions.
- Buyers
- Akamai Technologies, Inc.
- Targets
- Linode
- Industry
- Cloud & SaaS
- Location
- United States
- Transaction Type
- Buyout
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