Fenwick Represents Kennet Venture Partners in Prolexic Technologies Acquisition by Akamai Technologies

By: Mark C. Stevens

Fenwick & West LLP represented Kennet Venture Partners LLC as the principal shareholder when Prolexic Technologies, Inc., a provider of cloud-based security solutions for protecting data centers and enterprise IP applications from distributed denial of service (DDoS) attacks, was acquired by Akamai Technologies, Inc. (NASDAQ: AKAM), one of the leaders in providing solutions for defending websites and web applications by leveraging the scale and intelligence of its global platform to protect against the most sophisticated DDoS and application-layer attacks for $370 Million.

The Fenwick transaction team was led by corporate attorneys Mark Stevens, Greg Roussel and Matt Stewart.

More information about the transaction is available through the announcement on Kennet’s website.


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