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Akamai (AKAM) is looking to acquire security and networking firms, says a company exec. The...

  • Friday, August 17, 2012, 5:36 PM ET
    Akamai (AKAM) is looking to acquire security and networking firms, says a company exec. The content delivery network owner wants to generate $100M/year in revenue from new businesses within 3 years, he says (for reference, Akamai is expected to post 2012 sales of $1.36B), and is willing to buy a startup if it helps improves the company's time-to-market. Zscaler, a provider of cloud-based security services for Web traffic, is named as the kind of company Akamai could be interested in.
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