Fastly Expands Domains API And TLS Capabilities With Domainr Acquisition And General Availability Of Certainly Certification Authority; No Financial Terms Disclosed
Portfolio Pulse from Happy Mohamed
Fastly, Inc. (NYSE:FSLY) has announced the acquisition of Domainr, a real-time domain availability API provider, and the general availability of Certainly, its TLS Certification Authority. These developments aim to enhance trust and security for Fastly's customers and across the internet. The acquisition of Domainr will allow Fastly to integrate Domainr's real-time domain availability API into its services and infrastructure. The launch of Certainly will provide Fastly customers with trusted TLS certificates, enhancing security and legitimacy of their websites or applications.

August 17, 2023 | 12:42 pm
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POSITIVE IMPACT
Fastly's acquisition of Domainr and launch of Certainly could enhance its product offerings and potentially attract more customers, which may positively impact its stock price in the short term.
The acquisition of Domainr and the launch of Certainly are strategic moves by Fastly to enhance its product offerings and improve its services. This could potentially attract more customers and increase revenue, which may positively impact its stock price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100