Tech Company M&A Transactions
JanRain Acquisition
JanRain, based in Portland, was acquired by Akamai Technologies. The acquisition price was not announced.
Transaction Overview
Company Name
Acquired By
Announced On
1/7/2019
Transaction Type
M&A
Amount
Unknown
M&A Terms
Janrain enables enterprises to enhance digital trust by offloading login and registration workloads, and its integration with Akamai's Intelligent Edge Platform is expected to provide world class security, regulatory compliance and massive scale to online engagements. Financial terms of the transaction were not disclosed.
Company Information
Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
1233 NW 12th Ave. 150
Portland, OR 97209
USA
Portland, OR 97209
USA
Phone
Website
Email Address
Overview
JanRain has been a recognized leader and catalyst driving the OpenID market forward since 2005. While providing OpenID solutions for both consumers and businesses, our company has helped create the OpenID Foundation and the majority of the OpenID-enabled websites are running our open source libraries and utilities.
Management Team
Title
Name
Email & Social
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We do our best to report on every notable VC transaction. VC investment data records reported here come from publicly available VC deal announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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