CAMBRIDGE, Mass., Oct. 4, 2016 /PRNewswire/ -- Akamai
Technologies, Inc. (NASDAQ: AKAM) today announced that, in an all
cash transaction, it has acquired Soha Systems, an innovator in
enterprise secure access delivered as a service. The acquisition is
intended to complement Akamai's strategy of securing, protecting
and accelerating enterprise applications and services in the
cloud.
Providing employees with secure access to enterprise
applications deployed behind the firewall is a core requirement for
all businesses. Increasingly, businesses must also deal with
delivering third-party access to critical applications whether
hosted in a public cloud or a private data center. Enabling secure
access to enterprise applications can be a complex and cumbersome
task requiring on premise hardware and systems, such as Application
Delivery Controllers (ADCs), Virtual Private Network (VPN)
appliances, identity management systems and application monitoring
solutions. Yet, with all of these technologies in use, enterprises
can still be exposed to a variety of security risks, such as
lateral movement across the enterprise network. Access to
enterprise applications via the Internet on employee and
third-party devices that are not entirely controlled by the
enterprise further increases risk and operational complexity.
"In many ways, the traditional enterprise model is 'turning
inside out' with applications, employees and data moving to the
cloud, well outside of the enterprise's traditional zone of
control. At the same time, security and IT teams remain responsible
for ensuring visibility, security and performance," explained
Robert Blumofe, executive vice
president, Platform, and general manager, Enterprise and Carrier
Division, Akamai. "By adding Soha's secure access technology to our
Cloud Networking Solutions, we believe we are well positioned to
help our customers take full advantage of the key trends, cloud and
mobile, driving enterprise computing."
Through its acquisition of Soha – named one of Gartner's Cool
Vendors in Cloud and Emerging Technology, Security, 2016 – Akamai
plans to extend its portfolio of Cloud Networking Solutions. By
offering businesses secure, cloud-based application access control,
Akamai aims to simplify and improve remote and mobile access to
enterprise resources, while at the same time minimize the exposed
attack surface. The company believes that Soha's secure access
technology will be instrumental to Akamai's goal of bringing these
new capabilities to market in 2016.
"Enterprise security is undergoing a phase shift and Soha's
secure access service has been designed to address the unique
challenges businesses are facing in this era of hybrid data centers
and mobile users," said Haseeb
Budhani, co-founder and CEO, Soha
Systems. "We look forward to fully integrating our
groundbreaking solution as a high-value component of Akamai's
massively scalable, global platform."
Soha, headquartered in Sunnyvale, is a privately-funded company.
The acquisition is not material to Akamai's financials.
About Akamai
As the global leader in Content Delivery
Network (CDN) services, Akamai makes the Internet fast, reliable
and secure for its customers. The company's advanced web
performance, mobile performance, cloud security and media delivery
solutions are revolutionizing how businesses optimize consumer,
enterprise and entertainment experiences for any device, anywhere.
To learn how Akamai solutions and its team of Internet experts are
helping businesses move faster forward, please visit
www.akamai.com or blogs.akamai.com, and follow @Akamai on
Twitter.
Akamai Statement Under the Private Securities Litigation
Reform Act
This release contains information about future expectations,
plans and prospects of Akamai's management that constitute
forward-looking statements for purposes of the safe harbor
provisions under The Private Securities Litigation Reform Act of
1995, including statements about future business plans and
opportunities. Actual results may differ materially from those
indicated by these forward-looking statements as a result of
various important factors including, but not limited to, inability
to integrate Soha Systems' solutions with Akamai's technology in a
timely or cost-effective manner or at all, a failure of Akamai's
offerings or functionalities to operate as expected, inability to
bring new solutions to market within the expected time frame, a
lack of market acceptance of such new service offerings and
functionalities, and other factors that are discussed in the
Company's Annual Report on Form 10-K, quarterly reports on Form 10-
Q, and other documents periodically filed with the SEC.
Contacts:
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|
Jeff Young
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Tom Barth
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Media
Relations
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Investor
Relations
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617-444-3913
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617-274-7130
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jyoung@akamai.com
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tbarth@akamai.com
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SOURCE Akamai Technologies, Inc.