Akamai Completes Acquisition of Select Assets of Edgio
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Akamai Technologies has completed the acquisition of select assets from Edgio, including customer contracts and non-exclusive patent rights, enhancing its content delivery and security capabilities.
December 13, 2024 | 9:15 pm
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Akamai Technologies has finalized the acquisition of select assets from Edgio, which includes customer contracts and non-exclusive patent rights. This move is expected to strengthen Akamai's position in content delivery and security services.
The acquisition of Edgio's assets, including customer contracts and patent rights, is likely to enhance Akamai's service offerings in content delivery and security. This strategic move is expected to positively impact Akamai's market position and potentially its stock price.
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