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Akamai to acquire cyber security provider Prolexic for $370 mln

Monday, 2 Dec 2013 | 6:19 AM ET

Dec 2 (Reuters) - Akamai Technologies Inc, whose products help move content quickly over the Internet, said it will buy cloud-based security provider Prolexic Technologies Inc for about $370 million.

The acquisition of Prolexic, which safeguards data centers and enterprise IP applications against hacker attacks, is expected to add 6-8 cents per share to the company's adjusted profit in the first full year after the deal's closing.

The acquisition is expected to close in the first half of 2014.

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