Monday, March 9, 2015

Akamai Acquires Xerocole

Akamai Technologies acquired Xerocole, a provider of recursive DNS functionality.  Financial terms were not disclosed.

Xerocole's intelligent recursive DNS technology was designed to provide carriers with security, speed, and the ability to dynamically and flexibly set DNS policy and user preferences.
Akamai said the deal enables it to expand its DNS product portfolio beyond the company's existing 
Authoritative DNS products to more completely meet the needs of customers and network partners.

"We see this acquisition as an important investment in engineering talent and technology that is intended to complement our DNS product portfolio and strategy," said Rick McConnell, Akamai's President of Products and Development. "We believe that Xerocole has some of the best DNS experts in the industry and that recursive DNS has strategic value to the Akamai Platform and to each of our business units. Xerocole's technology is expected to strengthen our value to our major carrier and network partners."