The Deutsche Telekom, Access Industries, Dell and Cisco-backed cybersecurity software provider is set to be bought by Akamai Technologies.
Content delivery network services provider Akamai Technologies agreed on Wednesday to buy Israel-based cybersecurity technology developer Guardicore for about $600m, providing exits for corporates Deutsche Telekom, Access Industries, Dell and Cisco.
Founded in 2013, Guardicore operates an online security software platform that helps businesses to manage and protect data held in cloud-based, hybrid or traditional digital infrastructure. The company’s platform can also protect against and address ransomware attacks.
Guardicore is expected to add about $30m to $35m in revenue to…