Akamai confirms acquisition of Noname for $450M

A couple of weeks ago, TechCrunch broke the news that Akamai was in discussions to acquire Noname Security, a specialist in API security, for around $500 million. Today the deal is official, albeit at a lower price. Akamai has confirmed that it is buying the company in a$450 million deal.The deal underscores the ongoing push for more consolidation in the current market: the last several years have seen the emergence a wide variety of cybersecurity startups. With a number of these companies finding it hard ...