Linode, the nearly 20-year-old cloud software company that’s made itself a household name in the Philly tech scene, will be acquired by Akamai Technologies.
CEO Christopher Aker founded the company in 2003, and it’s been bootstrapped ever since, growing to about 250 employees in 2022. The company, which provides open-source cloud service capabilities to a wide range of clients, will keep all its employees and its brand name under the $900 million deal, which is expected to close before the end of the quarter, VP of Cloud Experience Blair Lyon told Technical.ly on Wednesday.
Linode provides services similar to huge names like AWS or Google Cloud Services. Its acquisition by Cambridge, Massachusetts-based Akamai merges Linode’s developer-friendly cloud computing capabilities with Akamai’s edge platform and security services.
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