Bengaluru, March 30 : Global leader in content delivery network services Akamai Technologies on Thursday entered into an agreement to acquire software testing company Soasta. The all-cash transaction is expected to close in the second quarter of 2017.
Akamai said the acquisition of Mountain View, California-based company, is intended to give its customers greater visibility into the business impact of their website and application optimisation strategies.
"The addition of Soasta's technology is intended to give our customers new ways to measure, optimise and validate the business impact of their web performance strategies," Ash Kulkarni, Senior Vice President and General Manager, Web Performance and Security at Akamai, said in a statement.
Through its acquisition of Soasta, Akamai plans to add several new capabilities to its web performance solutions portfolio. This will help customers prioritise and implement the impactful performance optimisation strategies to positively affect business outcomes.
Tom Lounibos, CEO, Co-founder of Soasta, said that the acquisition would provide Akamai customers, many of whom are already Soasta customers, with a new way to measure and test the optimisations they are making to their sites, and validate the actual business impact of their site's performance.
