While the potential deal price is half the valuation than Noname’s last private valuation, those who invested at the early stage will receive a meaningful return from the sale.
Israeli enterprise application programming security startup Noname Security is reported to be in advanced talks to be acquired by Akamai Technologies Inc. for $500 million.
While the potential deal price is half the valuation than Noname’s last private valuation, those who invested at the early stage will receive a meaningful return from the sale.
The report comes from TechCrunch, citing a person familiar with the deal. According to TechCrunch’s report, the potential deal, at least as it stands, would be for cash and that the deal is not final and could change or not happen at all.
