Akamai Buying Acerno for $95 Million
Akamai Technologies (Nasdaq: AKAM) has agreed to acquire Acerno, an aggregator of online shopping and purchase data for advertisers, from i-Behavior. The deal is valued at approximately $95 million in cash. I-Behavior will continue to run its offline marketing business, and has raised over $8 million in VC funding from firms like JEGI Capital, Angel Investors LP, Morningside Ventures and Stockton Ventures.
22 October 2008•7 mins read
