Akamai Enters Cloud Computing With $900 Million Deal for Linode

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Akamai Technologies is getting into the cloud-computing business. Best known as the leading content-delivery network, Akamai (ticker: AKAM) late . Akamai Technologies is getting into the cloud-computing business. Best known as the leading content-delivery network, Akamai (ticker: AKAM) late Tuesday announced an agreement to acquire Linode, a Philadelphia-based cloud-hosting company, for $900 million in cash. Akamai CEO Tom Leighton said in an interview with Barron’s that Linode is “a...