Thursday, 13 April, 2023

Cloud company Linode acquired by Akamai for $900M

<p><br /> </p> <p dir="ltr"><strong>Content delivery network provider Akamai has announced that it has acquired Linode for $900M. Akamai is expecting that Linode will contribute $100M in revenue for FY2022. Linode was launched as a rental service for virtual servers but it has grown to support all core cloud services today. Akamai CEO and Co-founder Dr. Tom Leighton said that Linode&rsquo;s cloud computing capabilities will be transformational for the company in combination with their own security services. </strong></p>