Bangalore: Akamai Technologies announced that it has completed its acquisition of Prolexic Technologies, a privately held company based in Hollywood, Florida that provides cloud-based security solutions for protecting data centers and enterprise IP applications from distributed denial of service (DDoS) attacks.  On December 2, 2013, Akamai announced a definitive agreement between the parties pursuant to which Akamai would acquire all of the outstanding equity of Prolexic.

The combination of the two companies’ technologies and teams creates a portfolio of security solutions designed to protect an enterprise’s Web and IP infrastructure against application-layer, network-layer and data center attacks delivered via the Internet.

“Cyber-attacks are on the rise all over the world, with many resulting in significant economic or reputational damage to enterprises, governments, and end-users,” said Tom Leighton, CEO of Akamai.  “With our acquisition of Prolexic now complete, we are excited to extend the value of our combined teams and offerings to online businesses across all industries.  Our focus is to optimize and secure the ‘entire IP experience,’ Web or otherwise, and to provide an unparalleled layer of protection against the most sophisticated of attacks without sacrificing site or application performance.”

The Company expects that the Prolexic acquisition will result in additional revenue in the first quarter in the range of $7 to $8 million. Akamai further expects the acquisition to be dilutive to non-GAAP earnings per share by approximately $.01 per share during the quarter.
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