Akamai acquires Fermyon to enhance edge-native application development with serverless WebAssembly technology, improving performance and cost efficiency.
Quiver AI Summary
Akamai Technologies has announced its acquisition of Fermyon, a company specializing in serverless WebAssembly (Wasm) technology. This move is part of Akamai's strategy to enhance its platform for edge-computing applications as artificial intelligence (AI) inference increasingly shifts towards edge solutions. By integrating Fermyon's function-as-a-service capabilities with Akamai's infrastructure, developers will be able to build more efficient and cost-effective applications at the edge. Akamai plans to support Fermyon’s open-source initiatives and deepen the integration of its cloud services with improved performance and security features for edge applications. The company anticipates that this acquisition will not significantly impact its financial outlook for 2025.
Potential Positives
- Akamai Technologies has acquired Fermyon, a leader in serverless functions and WebAssembly, enhancing its capabilities in edge computing.
- The acquisition enables the integration of Fermyon's technology with Akamai's platform, allowing enterprises to build edge-native applications that can perform better and cost less than traditional cloud-native apps.
- Akamai plans to maintain and support Fermyon's open-source projects, which underscores its commitment to the developer community and innovation in serverless technologies.
- The company anticipates that the acquisition will not have a material impact on its financial guidance for 2025, indicating stability during the transition.
Potential Negatives
- Acquisition involves integration challenges, as highlighted by the mention of potential difficulties in combining Fermyon's technology and employees with Akamai's existing operations.
- Forward-looking statements indicate uncertainty regarding the expected benefits of the acquisition, suggesting a risk that these benefits may not materialize.
- Potential vulnerabilities mentioned, such as security defects and performance delays, could negatively impact Akamai's reputation and customer trust.
FAQ
What did Akamai Technologies announce on December 1, 2025?
Akamai announced the acquisition of Fermyon, a serverless WebAssembly company, enhancing its cloud computing capabilities.
How will the Fermyon acquisition benefit developers?
The acquisition will enable developers to innovate and deploy lightweight code more easily at the edge, improving performance and reducing costs.
What is Fermyon known for in the tech industry?
Fermyon is a leader in serverless functions and WebAssembly and is actively involved in the open-source community.
Will Akamai's financial guidance be impacted by this acquisition?
Akamai anticipates that there will be no material impact on its financial guidance for 2025 due to this transaction.
What future plans does Akamai have with Fermyon's technologies?
Akamai plans to deepen integration between its edge functions platform and its performance and security products post-acquisition.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$AKAM Congressional Stock Trading
Members of Congress have traded $AKAM stock 5 times in the past 6 months. Of those trades, 2 have been purchases and 3 have been sales.
Here’s a breakdown of recent trading of $AKAM stock by members of Congress over the last 6 months:
- REPRESENTATIVE LISA C. MCCLAIN has traded it 4 times. They made 2 purchases worth up to $30,000 on 10/30, 08/13 and 2 sales worth up to $30,000 on 10/31, 10/30.
- REPRESENTATIVE JOSH GOTTHEIMER sold up to $15,000 on 06/03.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$AKAM Insider Trading Activity
$AKAM insiders have traded $AKAM stock on the open market 10 times in the past 6 months. Of those trades, 3 have been purchases and 7 have been sales.
Here’s a breakdown of recent trading of $AKAM stock by insiders over the last 6 months:
- F THOMSON LEIGHTON (Chief Executive Officer) has made 2 purchases buying 50,000 shares for an estimated $3,613,046 and 0 sales.
- PAUL C JOSEPH (EVP - Global Sales) has made 0 purchases and 3 sales selling 15,000 shares for an estimated $1,210,401.
- ROBERT BLUMOFE (Chief Technology Officer) has made 0 purchases and 3 sales selling 9,500 shares for an estimated $795,050.
- AARON AHOLA (EVP & General Counsel) sold 4,000 shares for an estimated $303,040
- DANIEL HESSE purchased 3,000 shares for an estimated $216,897
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$AKAM Hedge Fund Activity
We have seen 323 institutional investors add shares of $AKAM stock to their portfolio, and 391 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- VICTORY CAPITAL MANAGEMENT INC removed 1,851,349 shares (-44.5%) from their portfolio in Q3 2025, for an estimated $140,258,200
- AQR CAPITAL MANAGEMENT LLC added 1,695,937 shares (+522.8%) to their portfolio in Q3 2025, for an estimated $128,484,187
- NORGES BANK removed 1,646,435 shares (-33.0%) from their portfolio in Q2 2025, for an estimated $131,319,655
- SLATE PATH CAPITAL LP removed 1,411,249 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $112,561,220
- ALYESKA INVESTMENT GROUP, L.P. added 1,390,167 shares (+570.0%) to their portfolio in Q3 2025, for an estimated $105,319,051
- UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC added 1,040,585 shares (+58.5%) to their portfolio in Q3 2025, for an estimated $78,834,719
- NORDEA INVESTMENT MANAGEMENT AB added 980,966 shares (+39.9%) to their portfolio in Q3 2025, for an estimated $74,317,984
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$AKAM Analyst Ratings
Wall Street analysts have issued reports on $AKAM in the last several months. We have seen 4 firms issue buy ratings on the stock, and 1 firms issue sell ratings.
Here are some recent analyst ratings:
- Oppenheimer issued a "Outperform" rating on 11/17/2025
- Scotiabank issued a "Sector Outperform" rating on 11/07/2025
- DA Davidson issued a "Buy" rating on 10/16/2025
- Raymond James issued a "Outperform" rating on 08/08/2025
- Keybanc issued a "Underweight" rating on 06/06/2025
To track analyst ratings and price targets for $AKAM, check out Quiver Quantitative's $AKAM forecast page.
$AKAM Price Targets
Multiple analysts have issued price targets for $AKAM recently. We have seen 9 analysts offer price targets for $AKAM in the last 6 months, with a median target of $88.0.
Here are some recent targets:
- Param Singh from Oppenheimer set a target price of $100.0 on 11/17/2025
- Michael Elias from TD Cowen set a target price of $104.0 on 11/13/2025
- Fatima Boolani from Citigroup set a target price of $88.0 on 11/11/2025
- James Fish from Piper Sandler set a target price of $86.0 on 11/07/2025
- Patrick Colville from Scotiabank set a target price of $94.0 on 11/07/2025
- Rudy Kessinger from DA Davidson set a target price of $115.0 on 10/16/2025
- Gabriela Borges from Goldman Sachs set a target price of $67.0 on 08/13/2025
Full Release
CAMBRIDGE, Mass., Dec. 01, 2025 (GLOBE NEWSWIRE) -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cybersecurity and cloud computing company that powers and protects business online, today announced that it has acquired Fermyon the serverless WebAssembly company. As artificial intelligence (AI) inference shifts to the edge, combining Fermyon’s cloud-native WebAssembly (Wasm) function-as-a-service (FaaS) with Akamai’s globally distributed platform enables enterprises to build edge-native applications that offer improved performance and lower costs compared to traditional cloud-native apps.
“Fermyon's FaaS capabilities, combined with Akamai's cloud, will make it even easier for developers to innovate and execute lightweight code at the edge,” said Adam Karon, chief operating officer and general manager, Cloud Technology Group, Akamai Technologies. “As Akamai continues to expand compute from core data centers to the edge of the internet, this technology will give developers a broad continuum of cloud native and serverless options to build and deploy their next great application.”
Fermyon is a leader in both serverless functions and WebAssembly, and is active in the open-source community. The company maintains the Spin and SpinKube Cloud Native Computing Foundation (CNCF) open-source projects and is a member of the Bytecode Alliance, all activities that Akamai will continue to support. Further, Fermyon’s employees, including co-founders Matt Butcher and Radu Matei, will join Akamai’s Cloud Technology Group and continue to champion Fermyon’s open-source project leadership and create the next generation of serverless technologies.
In addition, by acquiring Fermyon, Akamai plans to deepen the integration between the edge functions platform and its performance and security products. The resulting cloud computing platform aims to make it even faster and easier for developers to build, deploy, and secure applications at the edge that outperform cloud-native applications for less money the same way they can in core data centers today.
Akamai anticipates no material impact to the company’s financial guidance for 2025 as a result of the transaction.
For more information, visit the Akamai Inference Cloud platform page.
About Akamai
Akamai is the cybersecurity and cloud computing company that powers and protects business online. Our market-leading security solutions, superior threat intelligence, and global operations team provide defense in depth to safeguard enterprise data and applications everywhere. Akamai’s full-stack cloud computing solutions deliver performance and affordability on the world’s most distributed platform. Global enterprises trust Akamai to provide the industry-leading reliability, scale, and expertise they need to grow their business with confidence. Learn more at akamai.com and akamai.com/blog, or follow Akamai Technologies on
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Akamai Statement Under the Private Securities Litigation Reform Act
This press release contains statements that are not statements of historical fact and constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995, including, but not limited to, statements about potential synergies and other benefits of the transaction to Akamai and developers. Each of the forward-looking statements is subject to change as a result of various important factors, many of which are beyond Akamai's control, including, but not limited to: Akamai's inability to achieve the expected benefits of the transaction; challenges integrating Fermyon's business, including its employees and technology; potential defects, security vulnerabilities or delays in performance; effects of competition, including pricing pressure and changing business models; changes in customer or user preferences or demands; macroeconomic trends and uncertainties, including industry volatility, the effects of inflation, fluctuating interest and foreign currency exchange rates, supply chain and logistics costs, constraints, changes or disruptions; defects or disruptions in Akamai's or Fermyon's products or IT systems, including cyber-attacks, data breaches or malware; changes to economic, political and regulatory conditions in the United States or internationally; and other factors that are discussed in Akamai's most recent annual report on Form 10-K, subsequent quarterly reports on Form 10-Q and other documents filed with the Securities and Exchange Commission. The forward-looking statements contained herein are not guarantees of future performance and speak only as of the date hereof, and, except as required by law, Akamai disclaims any obligation to update these forward-looking statements to reflect future events or circumstances.
Contacts
Johanna Schmitt
Akamai Media Relations
[email protected]
Akamai Investor Relations
[email protected]
This press release was published by a CLEAR® Verified individual.