Akamai Technologies, Inc. (NASDAQ: AKAM) began the trading day and week slightly downward. 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 Chief Operating Officer Adam Karon. “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.
AKAM shares docked 29 cents to $89.23
