About This Deal

Akamai Technologies acquired Janrain for $123.6 million, a transaction completed in January 2019, structured as all cash.

Janrain operates in Identity (CIAM), is based in Portland, Oregon, USA. Janrain provided customer identity and access management (CIAM) software. Akamai acquired the company in January 2019 for $123.6 million in cash and folded the technology into its Intelligent Edge Platform to add identity-management capabilities. (Value disclosed in Akamai's FY2021 Form 10-K, Note 8 - Acquisitions.)

Added a managed customer-identity layer to Akamai's edge platform.

Extended Akamai's edge platform into identity management. CIAM integrated into the Intelligent Edge Platform. Intelligent Edge Platform

Deal Terms

Acquirer
Akamai Technologies
Target
Janrain
Value
$123.6 million
Date
January 2019
Type
Full acquisition
Status
Ready

Transaction Details

Target HQ
Portland, Oregon, USA
Segment
Identity (CIAM)
Structure
All cash
Announced
January 1, 2019
Closed
January 1, 2019
Synergies
CIAM integrated into the Intelligent Edge Platform.

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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