Akamai (AKAM) announced it has completed its acquisition of select assets from Edgio, including certain customer contracts from Edgio’s businesses in content delivery and security, and non-exclusive license rights to patents in Edgio’s portfolio. On Nov. 26, the U.S. Bankruptcy Court for the District of Delaware approved Akamai’s bid to acquire the aforementioned assets following Edgio’s 363 bankruptcy auction on Nov. 13, as part of its filing for Chapter 11 bankruptcy relief. The transaction does not include the acquisition of Edgio personnel, technology, or assets related to the Edgio network.
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