In a bid to boost its security strategy, Content delivery network Akamai Technologies acquired Nominum, a provider of security solutions for telecom companies. Financial terms of the transaction were not disclosed to the public.
According to NASDAQ, the Cambridge-based company announced plans to acquire Nominum, a privately-funded company that provides DNS and enterprise security solutions for telecom carriers. The deal is expected to beef up the company’s carrier and enterprise security capabilities, according to the company's press release.
About the target company, Nominum
Founded in 1999 and based in Redwood City, California, Nominum is a security software company that specializes in carrier-grade DNS-based products for telecommunication companies. Nominum’s market-leading caching and authoritative DNS platform has been designed to maintain network security, reliability, and performance. Additionally, the company’s platform also prevents the spread of cybersecurity threats, which include DDoS (distributed denial-of-service attacks), botnets and amplification attacks.
Nominum’s DNS security platform also provides automated and real-time checking of DNS queries against a list of malicious websites. Additionally, the company also made some good partnership in the tech industry, especially in the areas of cybersecurity.
Nominum has also made some partnership with Microsoft to take down the botnet Nitol in 2012. In addition to the partnership, the company also introduced N2 ThreatAvert security software, which has been designed for fixed-line and mobile networks.
About the acquirer, Akamai
Founded in 1998 and based in Cambridge, Massachusetts, Akamai Technologies is leading content delivery network.
The company’s content delivery platform has been described as one of the largest distributed computing platforms in the industry today. It served between 15 percent and 30 percent of all the internet traffics.
Akamai’s customers include some of the biggest names and brands in the tech industry. These include Valve Corporation’s Steam, which uses the company’s content delivery platform for its gaming business.
Another is the cloud infrastructure provider Rackspace, which uses the company’s content delivery platform for storage purposes. Other customers include NASA, IBM, AirBnB, Red Hat, Red Bull, Adobe Systems, Yahoo, ESPN, AMD, NBC Sports, HP, Pearson Education, MTV Networks, Sony PlayStation, and more.
Other Akamai-related stories
At the recent Akamai Edge Conference, the company made a huge announcement, revealing to the world an improved bot technology product called Bot Manager Premier. The new product has been designed to defend against advanced credential stuffing attacks. It integrates the bot detection technology the company acquired from Cyberfend in 2016, the eWeek reported.
According to eWeek, the company already provides general bot management capabilities.
However, the newly enhanced Bot Manager Premier will integrate Cyberfend capabilities, offering new capabilities and advanced protection against web fraud and cyber threats. Overall, this new product will give Akamai a huge improvement from its previous offering.
