Akamai Technologies has announced that it has entered into an agreement to acquire SOASTA, the provider of performance testing in the Cloud. The acquisition is intended to give Akamai customers greater visibility into the business impact of their website and application optimization strategies. The all-cash transaction is expected to close early in the second quarter. SOASTA, headquartered in Mountain View, California, is a privately funded company. The closing of the transaction is expected to occur early in the second quarter of 2017.
Through its acquisition of SOASTA, Akamai plans to add several new capabilities to its Web Performance Solutions portfolio. Akamai customers will have improved ability to accurately measure how real users experience their applications, and how that experience impacts their behavior. This will help customers prioritize and implement the most impactful performance optimization strategies to positively affect business outcomes. Through SOASTA solutions, Akamai customers will then be able to test optimizations at scale prior to deployment and validate the business impact of those optimizations once they are live in production. The result is a comprehensive set of cloud-based performance and business outcome optimization solutions.