Kong announced the launch of the latest version of Kong AI Gateway, which introduces new features to provide the AI security and governance guardrails needed to make GenAI and Agentic AI production-ready.
Akamai Technologies has entered into a definitive agreement to acquire Linode, an infrastructure-as-a-service (IaaS) platform provider.
Modern digital experiences, including virtual environments like the metaverse, are created through the convergence of media, entertainment, technology, ecommerce, financial services, and online games. Akamai has been a key partner to the world’s leaders in these industries for decades by powering and protecting applications in today’s multi-cloud, multi-platform world. Together with Linode, which has made it simple, affordable and accessible for developers to consume cloud computing, Akamai will become the world’s most distributed compute platform, from cloud to edge.
“The opportunity to combine Linode’s developer-friendly cloud computing capabilities with Akamai’s market-leading edge platform and security services is transformational for Akamai,” said Dr. Tom Leighton, chief executive officer and co-founder, Akamai Technologies. “Akamai has been a pioneer in the edge computing business for over 20 years, and today we are excited to begin a new chapter in our evolution by creating a unique cloud platform to build, run and secure applications from the cloud to the edge. This is a big win for developers who will now be able to build applications on a platform that delivers unprecedented scale, reach, performance, reliability and security.”
Christopher Aker, founder and chief executive officer, Linode, added, “We started Linode 19 years ago to make the power of the cloud easier and more accessible. Along the way, we built a cloud computing platform trusted by developers and businesses around the world. Today, those customers face new challenges as cloud services become all-encompassing, including compute, storage, security and delivery from core to edge. Solving those challenges requires tremendous integration and scale which Akamai and Linode plan to bring together under one roof. This marks an exciting new chapter for Linode and a major step forward for our current and future customers.”
Under terms of the agreement, Akamai has agreed to acquire all of the outstanding equity of Linode Limited Liability Company for approximately $900 million, after customary purchase price adjustments. As a result of structuring the transaction as an asset purchase, Akamai expects to achieve cash income tax savings over the next 15 years that have an estimated net present value of approximately $120 million. The transaction is expected to close in the first quarter of 2022 and is subject to customary closing conditions.
Industry News
Traefik Labs announced significant enhancements to its AI Gateway platform along with new developer tools designed to streamline enterprise AI adoption and API development.
Zencoder released its next-generation AI coding and unit testing agents, designed to accelerate software development for professional engineers.
Windsurf (formerly Codeium) and Netlify announced a new technology partnership that brings seamless, one-click deployment directly into the developer's integrated development environment (IDE.)
The Cloud Native Computing Foundation® (CNCF®), which builds sustainable ecosystems for cloud native software, is making significant updates to its certification offerings.
The Cloud Native Computing Foundation® (CNCF®), which builds sustainable ecosystems for cloud native software, announced the Golden Kubestronaut program, a distinguished recognition for professionals who have demonstrated the highest level of expertise in Kubernetes, cloud native technologies, and Linux administration.
Red Hat announced new capabilities and enhancements for Red Hat Developer Hub, Red Hat’s enterprise-grade internal developer portal based on the Backstage project.
Platform9 announced that Private Cloud Director Community Edition is generally available.
Sonatype expanded support for software development in Rust via the Cargo registry to the entire Sonatype product suite.
CloudBolt Software announced its acquisition of StormForge, a provider of machine learning-powered Kubernetes resource optimization.
Mirantis announced the k0rdent Application Catalog – with 19 validated infrastructure and software integrations that empower platform engineers to accelerate the delivery of cloud-native and AI workloads wherever the\y need to be deployed.
Traefik Labs announced its Kubernetes-native API Management product suite is now available on the Oracle Cloud Marketplace.
webAI and MacStadium(link is external) announced a strategic partnership that will revolutionize the deployment of large-scale artificial intelligence models using Apple's cutting-edge silicon technology.
Development work on the Linux kernel — the core software that underpins the open source Linux operating system — has a new infrastructure partner in Akamai. The company's cloud computing service and content delivery network (CDN) will support kernel.org, the main distribution system for Linux kernel source code and the primary coordination vehicle for its global developer network.