{"id":539,"date":"2016-10-04T17:47:32","date_gmt":"2016-10-04T17:47:32","guid":{"rendered":"http:\/\/www.rsoftsolution.com\/blog\/akamai-buys-soha-systems-to-add-more-security-to-its-cloud-networking-business.html"},"modified":"2016-10-04T17:47:32","modified_gmt":"2016-10-04T17:47:32","slug":"akamai-buys-soha-systems-to-add-more-security-to-its-cloud-networking-business","status":"publish","type":"post","link":"https:\/\/www.rbsitsoftwaresolution.in\/blog\/akamai-buys-soha-systems-to-add-more-security-to-its-cloud-networking-business.html","title":{"rendered":"Akamai buys Soha Systems to add more security to its cloud networking business"},"content":{"rendered":"


\n<\/p>\n

Consolidation continues to work its way through the world of enterprise startups. Today Akamai announced<\/a> that it has acquired Soha Systems<\/a>\u00a0in an all-cash deal. Soha\u00a0provides enterprise secure access as a service.<\/p>\n

Akamai is\u00a0not disclosing the value\u00a0of the deal, saying it was immaterial for the company. The news comes less than a\u00a0week after\u00a0Akamai announced that it acquired an IoT-focused startup, Concord Systems<\/a>, also for an undisclosed sum.<\/p>\n

Soha, which is based in Sunnyvale and was founded in 2013, had raised just under $10 million<\/a> from investors that included Andreessen Horowitz, Cervin Ventures, Menlo Ventures and Moment Ventures.<\/p>\n

The company will sit in wider portfolio of services that Akamai offers to secure and optimise enterprise applications in the cloud<\/a>, specifically its Cloud Networking Solutions. Akamai has made several other acquisitions in this space over the years, including Bloxx<\/a> in November 2015; and DDoS specialist\u00a0Prolexic in 2013<\/a> for $370 million.<\/p>\n

The company has been reportedly<\/a>\u00a0interested in stepping up the pace of its security acquisitions to improve its position in that market\u00a0\u2014 a natural complement to its other business optimising and securing web traffic. At the same, time, the company has been periodically rumored as a target for the likes of Microsoft<\/a> or\u00a0Google<\/a> to pick up so it can compete better against Amazon\u2019s AWS.<\/p>\n

Building up its security portfolio could serve in both scenarios: it helps Akamai strengthen its own business, and potentially makes it a more attractive acquisition target.<\/p>\n

In the case of Soha, Akamai is tapping into an area where\u00a0businesses are looking for better performance as they move more and more applications of their premises and into the cloud, or data centers, or a hybrid of the two.<\/p>\n

\u201cIn many ways, the traditional enterprise model is \u2018turning inside out\u2019 with applications, employees and data moving to the cloud, well outside of the enterprise\u2019s traditional zone of control. At the same time, security and IT teams remain responsible for ensuring visibility, security and performance,\u201d explained Robert Blumofe<\/span>, executive vice president, Platform, and general manager, Enterprise and Carrier Division, Akamai, in a statement. \u201cBy adding Soha\u2019s secure access technology to our Cloud Networking Solutions, we believe we are well positioned to help our customers take full advantage of the key trends, cloud and mobile, driving enterprise computing.\u201d<\/p>\n

It\u2019s not clear how many customers Soha had prior to the deal but the company said<\/a> that it would continue to work with them and keep its service operating as it has done under its new owner\u00a0Akamai.<\/p>\n

\u201cEnterprise security is undergoing a phase shift and Soha\u2019s secure access service has been designed to address the unique challenges businesses are facing in this era of hybrid data centers and mobile users,\u201d said Haseeb Budhani<\/span>, co-founder and CEO,Soha Systems<\/span>. \u201cWe look forward to fully integrating our groundbreaking solution as a high-value component of Akamai\u2019s massively scalable, global platform.\u201d<\/p>\n

\u00a0<\/p>\n

\n<\/section>\n

Featured Image: Bryce Durbin<\/small><\/p>\n

Article source: http:\/\/feedproxy.google.com\/~r\/techcrunchIt\/~3\/Lc2XDSf4cvk\/<\/p>","protected":false},"excerpt":{"rendered":"

Consolidation continues to work its way through the world of enterprise startups. Today Akamai announced that it has acquired Soha Systems\u00a0in an all-cash deal. Soha\u00a0provides enterprise secure access as a <\/p>\n","protected":false},"author":1,"featured_media":540,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[19],"tags":[25],"class_list":["post-539","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-enterprise-software","tag-enterprise"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t