Akamai Technologies Inc. (Nasdaq: AKAM) is buying Prolexic Technologies for $370 million.
Prolexic, headquartered in Hollywood, Fla., provides cloud-based security services.
Cambridge, Mass.-based Akamai provides cloud services to deliver and secure online content for businesses. The acquisition should allow Akamai to offer customers an expanded group of security products.
The deal is expected to close in the first half of 2014.