Monday, January 7, 2019
Akamai Purchases Janrain | Forrester
Today, Akamai announced that it has acquired Portland Oregon based Janrain. Although the financial terms were not disclosed, Forrester estimates the purchase price to be in the $250M–$275M range, based on typical M&A SaaS revenue multiples of 4X to 6X and Forrester’s estimation of Janrain’s annual revenue. Founded in 2003, Janrain was one of the […] [from http://bit.ly/2leQDNn]
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