Akamai Technologies, Inc. (NasdaqGS:AKAM) entered into a definitive agreement to acquire Guardicore Ltd. for approximately $610 million on September 29, 2021. Under terms of the agreement, Akamai has agreed to acquire all of the outstanding equity of Guardicore for $610.4 million in cash, after giving effect to expected purchase price adjustments. The closing of the transaction, which is subject to customary closing conditions, is expected to occur in the fourth quarter of 2021.

Morgan Stanley served as financial advisor to Akamai on the transaction.