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BtoB

Akamai agrees to acquire acerno

Published on .

New York—Akamai Technologies announced it has agreed to buy acerno Inc., an online co-operative of shopping and purchase data, in a deal valued at about $95 million.

Akamai said the acquisition would enhance its Advertising Decision Solutions, a new product line it introduced today.

Jordan, Edminston Group represented acerno in the transaction, which is expected to be completed later this quarter.

—Daniel McCarthy

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