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AKAM

Akamai

$92.53 /

-1.21 (-1.29%)

08:03
02/27/20
02/27
08:03
02/27/20
08:03

Akamai acquires customers, certain intellectual property from Instart

Akamai Technologies announces it has closed an asset purchase transaction with Palo Alto, California-based Instart to acquire customer contracts and intellectual property. Akamai intends to expeditiously transition the acquired customers to Akamai's platform. The acquired IP is expected to benefit the development of Akamai's page integrity solution. New customers are expected to be rapidly migrated to the Akamai Intelligent Edge platform. The acquisition is immaterial to the company's financial results and is not anticipated to negatively affect the company's operating margin target.

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AKAM Akamai
$92.53 /

-1.21 (-1.29%)

02/13/20 Needham
Radware downgraded to Hold from Buy at Needham
02/13/20
Akamai management to meet with William Blair
02/12/20 DA Davidson
Akamai price target raised to $115 from $105 at DA Davidson
02/12/20 JPMorgan
Akamai price target raised to $110 from $106 at JPMorgan

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Earnings
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