Linode (Akamai Cloud)

Akamai Research Finds Financial Services Face Larger and Longer DDoS Attacks

Akamai released its State of the Internet Security report on financial services on May 20, 2026. The report states that financial services now face more web and API Layer 3/4 DDoS attacks than any other industry. Median attack duration against the sector has increased 738% since 2024 amid pro-Iran hacktivism and AI-powered botnets. Akamai highlights growing exploitation of API visibility gaps and the need for enhanced defenses in online banking and payments.

Akamai Launches AI Brand Presence Product for Agentic Search Optimization

Akamai introduced AI Brand Presence on May 19, 2026, to help organizations optimize website content for AI search engines and autonomous agents. The tool automatically translates content for large language models, monitors AI bot traffic which grew more than 300% year-over-year, and provides edge security controls. Akamai piloted the technology on its own global website before rolling it out in limited availability to select North American customers. The launch addresses rising AI-driven search and agentic navigation trends.

Akamai Announces Intent to Acquire LayerX for Approximately $205 Million

Akamai Technologies entered a definitive agreement to acquire LayerX Security, a provider of browser-based AI usage control and secure enterprise browser technology, on May 14, 2026. The deal values LayerX at approximately $205 million in cash after adjustments and is expected to close in the third quarter of 2026. LayerX solutions will integrate with Akamai’s Zero Trust portfolio to provide visibility and control over employee interactions with generative AI tools, SaaS applications, and prompts across standard browsers. LayerX co-founders Or Eshed and David Vaisbrud along with the team will join Akamai’s Enterprise Security organization. The acquisition is anticipated to be dilutive to non-GAAP EPS by about $0.12 in fiscal 2026 with LayerX contributing roughly $10 million in annual recurring revenue by year-end.

Akamai Prices $3 Billion Upsized Convertible Senior Notes Offering

Akamai Technologies priced its private offering of $1.5 billion in 0% convertible senior notes due 2030 and $1.5 billion due 2032 on May 19, 2026. The notes feature initial conversion prices of approximately $201.41 and $190.81 per share respectively, representing premiums of 42.5% and 35.0% to the May 19 closing price of $141.34. Akamai granted purchasers an option for up to an additional $500 million across both series. Net proceeds are estimated at approximately $2.958 billion. Akamai plans to use the funds primarily for accelerated capital expenditures in its Cloud Infrastructure Services segment, including global footprint expansion, following the $1.8 billion Anthropic cloud agreement.

Akamai Secured $1.8 Billion Seven-Year Cloud Infrastructure Services Contract

Akamai to Acquire LayerX Security for Approximately $210 Million

Akamai Technologies entered into a definitive agreement to acquire LayerX Security Ltd. for approximately $210 million on May 14, 2026. A cash consideration of $205 million will be paid after expected purchase price adjustments. LayerX employees including Co-Founders Or Eshed and David Vaisbrud will join Akamai’s Zero Trust organization. The acquisition is expected to be dilutive to Akamai’s non-GAAP EPS by approximately $0.12 for fiscal year 2026 with LayerX projected to generate $10 million in annual recurring revenue at year end.

Akamai to Acquire LayerX to Enforce AI Usage Control on Any Browser

Akamai announced its intent to acquire LayerX on May 14, 2026, to advance workforce security strategy with AI usage control. The deal targets browser-native controls for the AI era. Akamai Technologies plans to integrate LayerX technology into its cybersecurity platform. Akamai Technologies announced the LayerX acquisition intent on May 14, 2026, following its earlier acquisition of Linode for $900 million in 2022.

Ateme and Akamai Deploy TITAN Live on Akamai Cloud for Nepal Premier League Streaming

Akamai CEO Tom Leighton Announces Record AI Cloud Deal in Q1 Earnings Call

Akamai Raises Annual Results Forecast on Cybersecurity Demand

Akamai Cloud Offers $5 Monthly VM Instance with 1 vCPU and 1 GB RAM

Akamai Proposes $2.6B Convertible Senior Notes Offering Due 2030 and 2032

Akamai announced a proposed offering of $1.3 billion in 0% convertible senior notes due 2030 and $1.3 billion due 2032 on May 18, 2026. The company plans to use net proceeds to fund accelerated capital expenditures for Cloud Infrastructure Services, prioritizing global footprint build-out, plus general corporate purposes and potential share repurchases. Akamai also granted initial purchasers an option for an additional $400 million total across both note series. Akamai CEO Tom Leighton highlighted the record AI cloud deal in the first-quarter earnings call on the same day.

Akamai Acquires LayerX for $205 Million to Add Browser AI Security Controls

Akamai Technologies agreed to acquire LayerX for approximately $205 million in an all-cash deal announced on May 17, 2026. The acquisition targets browser-based AI usage control and secure enterprise browser technology from the Israeli startup founded in 2022. LayerX provides visibility and control over AI tools and SaaS apps inside web browsers for enterprise users. Akamai plans to close the transaction in the third quarter of 2026 subject to standard conditions. LayerX previously reported vulnerabilities in Claude in Chrome.

Akamai Seeks to Raise $2.6 Billion in Convertible Bond Offering for Cloud Infrastructure

Akamai Technologies Inc. announced plans to raise $2.6 billion through zero-coupon convertible senior notes on May 18, 2026, with $1.3 billion due in 2030 and $1.3 billion due in 2032. The offering targets qualified institutional buyers and will price on May 19, 2026. Proceeds will fund spending on cloud computing infrastructure to build out Akamai’s global footprint. Akamai Technologies Inc. intends the notes as senior unsecured obligations without regular interest payments. Akamai Technologies Inc. disclosed the offering via Bloomberg on May 18, 2026.

Analyst Tal Liani Upgrades Akamai Stock to Buy with $175 Price Target

Akamai Security Intelligence Group Publishes Analysis of Mini Shai-Hulud Worm

Akamai Security Intelligence Group published analysis of the Mini Shai-Hulud worm that returned and went public. The campaign follows TeamPCP's announced partnership with Vect. Akamai Cloud provides the platform for the security research. Akamai Technologies announced intent to acquire LayerX on May 15, 2026.

Akamai Technologies Announces Intent to Acquire LayerX for $205 Million

Akamai Technologies announced plans to acquire LayerX for about US$205 million. The acquisition targets browser-security firm LayerX to advance Akamai's workforce security strategy with AI usage control. Akamai also secured a seven-year, US$1.80 billion AI infrastructure contract with Anthropic and reported first-quarter 2026 results. Akamai Technologies filed a US$2.54 billion ESOP-related shelf registration.

Akamai Reports Q4 Earnings With 11% Security Revenue Growth to $592 Million

Akamai Technologies reported Q4 earnings with security revenue up 11% to $592 million on May 15, 2026. Guardicore Segmentation and API Security revenue rose 36% to $90 million. The 2024 acquisition of Linode formed the backbone of the Cloud Infrastructure Services segment. Akamai launched the Akamai Inference Cloud powered by NVIDIA Blackwell GPUs.

Akamai Stock Approaches 26-Year High Amid Cloud Infrastructure Growth

Akamai stock moved toward a 26-year high on May 16, 2026. Cloud infrastructure services including the former Linode platform drove recent performance. Akamai launched the Akamai Inference Cloud powered by NVIDIA Blackwell GPUs. Akamai acquired Linode in 2024 and Noname Security as part of its pivot to cloud and security segments.

Akamai Stock Heads Toward 26-Year High on AI Infrastructure Wins

Akamai Technologies stock heads toward a 26-year high after large cloud infrastructure wins including a $1.8 billion seven-year deal. Akamai's Cloud Infrastructure Services segment shows accelerating growth. Akamai acquired Linode in 2022 for $900 million. The 2024 acquisition of Linode formed the backbone of Akamai's Cloud Infrastructure Services segment.

Akamai Plans $205 Million Acquisition of LayerX for AI Workforce Security

Akamai Technologies entered a definitive agreement to acquire LayerX for approximately $205 million. The acquisition advances Akamai's workforce security strategy with AI usage control capabilities. Akamai's planned acquisition of Linode added about $100 million in revenue. Akamai acquired infrastructure-as-a-service provider Linode for $900 million.

Akamai Stock Surges After $1.8 Billion Anthropic AI Infrastructure Deal

Akamai Technologies announced a $1.8 billion deal to supply computer servers to Anthropic. CEO Tom Leighton described the contract as the largest customer deal in Akamai history during a May 7 analyst call. Akamai acquired Linode in 2022 for $900 million and Guardicore in 2021 for $600 million. Akamai stock traded at $160 on May 13, a level last seen in March 2000.

Anthropic Commits $1.8 Billion to Akamai Cloud Over Seven Years