Akamai to acquire AWS competitor Linode for $900M

Akamai Technologies announced today it has reached an agreement to acquire infrastructure-as-a-service (IaaS) platform provider Libode for approximately $900 million, in a move to help enable Akamai to become “the world’s most distributed compute platform.”Founded in 2003, Linode has sought to serve as an IaaS alternative to public cloud providers such as Amazon Web Services (AWS), Microsoft Azure, and Google Cloud.

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