TechCrunch
Akamai confirms acquisition of Noname for $450M
A couple of weeks ago, TechCrunch broke the news that Akamai was in discussions to acquire Noname Security, a specialist in API security, for around $500 million. Akamai on Tuesday said it has agreed to buy Noname in a $450 million deal. Noname was valued at $1 billion at its last private fundraise in December 2021, so it is selling for less than half that price tag.