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Market
Will Akamai's market share in API security significantly increase by the end of 2024?
5
Resolution / Starting Odds
Yes • 50%
No • 50%
Market analysis reports or company financial statements
Story
Akamai to Acquire Noname Security for $450M, Closing Q2 2024
May 7, 2024, 11:46 AM
Akamai Technologies has confirmed its acquisition of Noname Security for approximately $450 million, aiming to enhance its API security capabilities. Noname Security, which finds and fixes API vulnerabilities, was valued at $1 billion in December 2021. The deal, expected to close in Q2 2024, allows Akamai to extend protection across all API traffic locations, addressing the growing demand for API security.
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Similar markets
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Increase by more than 5% • 33%
Increase by less than 5% • 33%
No significant change or decrease • 33%
Yes • 50%
No • 50%
No significant change • 33%
Increase in market share • 33%
Decrease in market share • 33%