AcquisitionsMay 14, 2026, 07:02 AM
Akamai Acquires LayerX for $205M to Boost AI Security
AI Summary
Akamai Technologies announced a definitive agreement to acquire LayerX, a provider of browser-based AI usage control and secure enterprise browser technology, for approximately $205 million. This acquisition is a strategic move to extend Akamai's Zero Trust security portfolio into the browser, addressing the growing need for AI usage control in enterprises. While the acquisition is expected to be dilutive to Akamai's non-GAAP EPS by about $0.12 for fiscal year 2026, LayerX is projected to contribute approximately $10 million in annual recurring revenue by year-end. The transaction is anticipated to close in the third quarter of 2026.
Key Highlights
- Akamai Technologies to acquire LayerX for approximately $205 million.
- LayerX provides browser-based AI usage control and secure enterprise browser technology.
- The acquisition extends Akamai's Zero Trust security portfolio into the browser.
- Expected to be dilutive to Akamai's non-GAAP EPS by approximately $0.12 for fiscal year 2026.
- LayerX business expected to have annual recurring revenue of approximately $10 million by year-end.
- Closing of the transaction is expected to occur in the third quarter of 2026.
- LayerX employees, including co-founders, will join Akamai's Zero Trust organization.
- This marks Akamai's fourth Tel Aviv-based cybersecurity acquisition in five years.