Akamai Technologies, Inc. (NASDAQ:AKAM) has acquired FastSoft, which develops algorithms that boost file transfer speeds and page view loading times for sites and web applications. The buyer’s content delivery network is supported by proprietary routing algorithms, so FastSoft’s solutions should prove to be a natural fit. Akamai has recently said that it was watching for security and networking startups which could speed up its time-to-market.
KEYW Holding (NASDAQ:KEYW) purchases privately-held Sensage for $18 million in cash and as much as $16.5 million in its own common stock. The latter supplies advanced security information and event management, along with event data warehousing software solutions to enterprise and government customers. $7.5 million of the stock and $3 million of the cash consideration depends upon Sensage meeting certain revenue targets for the second half of the current year. The purchase should be slightly accretive to fourth quarter results.
Belden Inc. (NYSE:BDC) divests its consumer electronics assets in China to Shenzhen Woer Heat-Shrinkable Material Co. for approximately $43 million, while it changes its focus on areas it views as strategically relevant in Asia. The sale should decrease its fiscal year 2013 revenue by between $100 million and $120 million with no appreciable impact on operating profit.
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