Akamai Technologies - Acquisitions

Acquisitions

In March 2005, Akamai signed an agreement to acquire Speedera Networks for 12 million shares of Akamai common stock, valued at $130 million at that time. Both companies also agreed to halt pending lawsuits involving trade secrets and patent infringement. The acquisition was completed in June 2005.

In November 2006, Akamai acquired Nine Systems Corporation for roughly $164 million using "approximately 2.7 million shares of their common stock, approximately $4.5 million in cash and the assumption of options to purchase approximately 400,000 shares of their common stock."

On April 12, 2007, Akamai acquired Red Swoosh in exchange for 350,000 shares of Akamai common stock. The acquisition of Red Swoosh was valued at approximately $15 million, net of cash acquired.

In March 2007, Akamai acquired Netli in exchange for 3.2 million shares of Akamai stock. The acquisition of Netli was valued at approximately $178 million.

In late 2008, Akamai acquired Acerno, a performance-based ad network, and launched a new division, Advertising Decision Solutions.

In June 2010, Akamai acquired mobile services platform company Velocitude to support its mobile devices efforts.

In 2011, Akamai announced it was acquiring Israeli cloud communications competitor Cotendo for $268 million.

In February 2012, Akamai announced it acquired Blaze Software, which has technology to optimize web page rendering.