Akamai Completes Exceda Acquisition


USA: Akamai has completed its acquisition of Exceda.
Akamai first announced an agreement between the two parties for Akamai to acquire the company in an all-cash transaction, earlier this year.
Exceda was Akamai’s largest channel partner in Latin America, selling the full portfolio of Akamai products. 
Following the acquisition, it is expected that the combined Akamai and Exceda teams will allow Akamai to scale its Latin American business to meet the increasing demand for security and web acceleration services, and cloud infrastructure investments in the region. 
When the announcement regarding the acquisition was initially made in September, Rick McConnell, President and General Manager of Akamai’s web division said: “Akamai powers many of the top Latin American retail and large bank websites in the region and securely delivers major online events for regional broadcasters. By combining the Akamai and Exceda teams, we believe we can scale our Latin America business faster, better enable existing and new partners, and improve experiences for more customers.”
Exceda became an Akamai channel partner in 2002, and quickly emerged as the company’s largest in Latin America.
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