Akamai to Acquire LayerX for Approximately $205M
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 14 2026
0mins
Akamai announced that it has entered into a definitive agreement to acquire LayerX. Under terms of the agreement, Akamai has agreed to acquire all of the outstanding equity of LayerX for approximately $205M, after giving effect to expected purchase price adjustments. The closing of the transaction, which is subject to customary closing conditions, is expected to occur in the third quarter of 2026. The acquisition is anticipated to be dilutive to Akamai's non-GAAP EPS by approximately 12c for FY26, and the LayerX business is expected to have annual recurring revenue at year end of approximately $10M.
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Analyst Views on AKAM
Wall Street analysts forecast AKAM stock price to fall
11 Analyst Rating
6 Buy
5 Hold
0 Sell
Moderate Buy
Current: 143.550
Low
89.00
Averages
103.73
High
115.00
Current: 143.550
Low
89.00
Averages
103.73
High
115.00
About AKAM
Akamai Technologies, Inc. is a cybersecurity and cloud computing company. The Company develops and provides solutions for global enterprises to build, secure and accelerate their applications and digital experiences. Akamai Connected Cloud, the Company's platform, is comprised of an edge and cloud architecture and underlying network for cloud computing, security and content delivery services. Its cloud computing services include compute, storage, networking, database and container management services that are required to build, deploy and secure applications and workloads. Its security solutions are designed to keep infrastructure, websites, applications, application programming interfaces and users safe from a multitude of cyberattacks and online threats while improving performance. Its content delivery solutions consist of Web and mobile performance focused solutions and media delivery solutions. It also specializes in serverless WebAssembly function-as-a-service (FaaS) technology.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Attractive Conversion Terms: The initial conversion price for the 2030 Notes is approximately $201.41 per share, representing a 42.5% premium over the closing price on the offering date, providing investors with potential capital appreciation opportunities and enhancing the notes' appeal.
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See More
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See More
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- Surge in AI Traffic: The company noted a more than 300% year-over-year increase in AI bot traffic, indicating a shift in consumer behavior towards AI-generated search results rather than direct website visits, compelling businesses to reassess their digital marketing strategies in response to this change.
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