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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