Tech Company M&A Transactions
Netli Acquisition
Netli was purchased by Akamai Technologies. The acquisition became public on 2/5/2007. Financial terms set the valuation at $177 million.
Transaction Overview
Company Name
Acquired By
Announced On
2/5/2007
Transaction Type
M&A
Amount
$177,000,000
M&A Terms
Under the terms of the deal, Akamai will acquire all the outstanding equity of privately held Netli for 3.2 million shares of Akamai common stock.
Company Information
Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
800 W. El Camino Real 300
Mountain View, CA 94040
USA
Mountain View, CA 94040
USA
Phone
Website
Email Address
Not Recorded
Overview
Netli is the first service provider to deliver a business-quality Internet. Netli addresses the limitations of the Internet and enables customers to transparently extend the reach of their Web-enabled enterprises without distributing complex applications or paying for costly additional infrastructure.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Gary Messiana
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