📢 𝐉𝐔𝐒𝐓 𝐈𝐍: $Akamai Tech(AKAM.US) Akamai proposes $2.6 billion convertible notes offering
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📢 𝐉𝐔𝐒𝐓 𝐈𝐍: $Akamai Tech(AKAM.US) Akamai proposes $2.6 billion convertible notes offering
📢 𝐉𝐔𝐒𝐓 𝐈𝐍: $Akamai Tech(AKAM.US) Akamai to Acquire LayerX for ~$𝟐𝟎𝟓𝐌 to Expand AI Security
👉 𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:➤ Akamai enters definitive agreement to acquire 𝐋𝐚𝐲𝐞𝐫𝐗 for ~$𝟐𝟎𝟓𝐌.➤ LayerX specializes in 𝐛𝐫𝐨𝐰𝐬𝐞𝐫-𝐛𝐚𝐬𝐞𝐝 𝐀𝐈 usage control and enterprise security.➤ Technology secures AI interactions without requiring proprietary browsers.➤ Acquisition strengthens Akamai’s 𝐙𝐞𝐫𝐨 𝐓𝐫𝐮𝐬𝐭 cybersecurity portfolio.➤ LayerX generated approximately $𝟏𝟎𝐌 in annual recurring revenue.➤ Deal expected to close in 𝐐𝟑 𝟐𝟎𝟐𝟔, pending conditions.➤ Transaction projected to reduce FY𝟐𝟎𝟐𝟔 non-GAAP EPS by ~$𝟎.𝟏𝟐.$Akamai Tech(AKAM.US) | 𝐀𝐤𝐚𝐦𝐚𝐢: BofA upgrades to 𝐁𝐮𝐲, raises 𝐏𝐓 𝐭𝐨 $𝟏𝟕𝟓
Analyst sees Akamai evolving into a credible AI infrastructure platform with large cloud wins validating distributed AI demand.
📢 𝐉𝐔𝐒𝐓 𝐈𝐍: Anthropic signs $1.8 billion cloud deal with $Akamai Tech(AKAM.US) Akamai Technologies - Bloomberg
$CloudFlare(NET.US) I am not surprised at this pull back, much needed after the fundamentals looked like this. However I think this pullback might be bought sooner or later. A leader!
$Akamai Tech(AKAM.US) on the other hand looked much better on fundamentals(3rd screenshot), price catching up AH.

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