Akamai Technologies acquired Janrain for $123.6 million, a transaction completed in January 2019, structured as all cash.
Janrain operates in Identity (CIAM), is based in Portland, Oregon, USA. Janrain provided customer identity and access management (CIAM) software. Akamai acquired the company in January 2019 for $123.6 million in cash and folded the technology into its Intelligent Edge Platform to add identity-management capabilities. (Value disclosed in Akamai's FY2021 Form 10-K, Note 8 - Acquisitions.)
Added a managed customer-identity layer to Akamai's edge platform.
Extended Akamai's edge platform into identity management. CIAM integrated into the Intelligent Edge Platform. Intelligent Edge Platform
Advisory firms were not disclosed for this transaction.