Akamai to Buy Cybersecurity Firm Prolexic for $370 Million

Akamai Technologies Inc. agreed to buy Prolexic Technologies Inc. for about $370 million in cash, expanding its cybersecurity offerings.

Prolexic specializes in technology that guards data centers against distributed denial of service attacks, an increasingly common threat that can shut down a website by flooding its address with fake information requests. Akamai Chief Executive Tom Leighton said such attacks often overwhelm otherwise strong technology because the onslaughts are becoming bigger and less predictable.

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