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FOR IMMEDIATE RELEASE EXHIBIT 99.1 Akamai to Acquire Guardicore to Extend Its Zero Trust Solutions to Help Stop Ransomware Leading micro - segmentation technology blocks the spread of malware within an enterprise , limiting its impact Akamai will host a related conference call today , September 29 at 8:30 a.m. ET . CAMBRIDGE , Mass . , September 29 , 2021 - Akamai Technologies , Inc. ( NASDAQ : AKAM ) , the world's most trusted solution to power and protect digital experiences , today announced it has entered into a definitive agreement to acquire Tel Aviv , Israel- based Guardicore . By adding Guardicore's micro - segmentation solution into Akamai's extensive Zero Trust security portfolio , Akamai will be uniquely suited to provide comprehensive protections to the enterprise , defending against threat actors and the spread of malware and ransomware . Guardicore's micro - segmentation solution is designed to limit user access to only those applications that are authorized to communicate with each other . By denying communication as the default , the threat surface and risk exposure are drastically reduced , thereby limiting the spread of malware and protecting the flow of enterprise data across the network . This protection extends beyond the data center to the cloud , including bare metal , virtual machines and containers . Akamai currently offers a broad suite of innovative and leading Zero Trust security solutions , including Web Application Firewall ( WAF ) , Zero Trust Network Access ( ZTNA ) , Domain Name System ( DNS ) Firewall , and Secure Web Gateway ( SWG ) , that help prevent attackers and malware on employee devices from gaining access to enterprise infrastructure and applications . But to be secure in today's world , enterprises also need a second layer of defense to block the spread of malware after it has gained a foothold within the corporate infrastructure . Guardicore's best - in - class micro - segmentation solution provides this much - needed capability , substantially mitigating the impact of breaches and the threat posed by ransomware . Their solution enables deep visibility into application flows , across data center and cloud applications , allowing businesses to more granularly understand and protect their infrastructure , from the core of the enterprise to the cloud . As a result , breaches can be detected early on so that corrective actions can be taken as quickly as possible . " Given the recent surge in ransomware attacks and increasingly stringent compliance regulations , investing in technologies to reduce the spread of malware has become mission critical , " said Tom Leighton , chief executive officer and co - founder , Akamai Technologies . “ By adding Guardicore's leading micro - segmentation products to Akamai's comprehensive portfolio