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Akamai Acquires Israeli Cybersecurity Startup LayerX Security for $205M

GateNews

According to Calcalist, Akamai Technologies acquired Israeli cybersecurity startup LayerX Security for approximately $205 million in cash. The deal adds browser-layer protection capabilities to Akamai’s enterprise security division. LayerX, founded in 2022, specializes in browser controls for AI and web applications and is expected to reach about $10 million in annual recurring revenue by year-end. The acquisition is part of Akamai’s broader consolidation strategy, following its earlier purchases of Guardicore (2021), NeoSec (2023), and Noname Security (2024).

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