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SOASTA enters acquisition agreement with Akamai

I am very pleased to announce that SOASTA has signed a definitive agreement to be acquired by Akamai Technologies.

The closing of the transaction is expected to occur early in the second quarter. We are working through final approval before the acquisition is complete. Until that time, we will continue to work with Akamai as partners.

We’re thrilled at the prospect of joining the Akamai family. By combining SOASTA’s data science and global platform for Digital Performance Management with Akamai’s massive Cloud Delivery Platform, our teams and technologies are uniquely positioned to create an end-to-end set of cloud-based performance and business outcome optimization solutions, with global presence, and at massive scale. This is truly an exciting market opportunity.

To SOASTA customers: Your trust in SOASTA is very important to us. You will continue to receive the same value, service, and support from SOASTA throughout this transition and after the acquisition is complete.

To Akamai customers: This acquisition is intended to provide you with SOASTA’s unique visibility into the business impact of your website and application optimization strategies. We look forward to serving you.

Since 2006, the team here at SOASTA has worked tirelessly to develop the most innovative digital performance management platform on the market. There aren’t enough words to express how extremely proud I am of our entire SOASTA family, without whom this enormous news would not be possible.

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The SOASTA platform enables digital business owners to gain unprecedented and continuous performance insights into their real user experience on mobile and web devices in real time and at scale.