Akamai is seeking to raise $2.6B in a convertible bond offering, and plans to use $350M of the offering to buy back its common stock from buyers of the bonds (David Morris/Bloomberg)
Techmeme [Unofficial]
May 18, 2026
David Morris / Bloomberg: Akamai is seeking to raise $2.6B in a convertible bond offering, and plans to use $350M of the offering to buy back its common stock from buyers of the bonds — Akamai Technologies Inc. is seeking to raise $2.6 billion in a convertible bond offering to fund spending on cloud computing infrastructure.
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