Akamai Bolsters Its Value Added Services With Acquisition Of Xerocole

Even though specific terms of the deal were not disclosed, Akamai states that the acquisition was completed in a cash transaction that is not material to Akamai's financials. This deal is the latest in a long list of acquisitions the company has made over the years in order to improve its value added services. We believe that Akamai's strategy of focusing on its value added services in addition to its core CDN services will benefit the company in the long run.