Content Delivery Network (CDN), Akamai Technologies, has announced the acquisition of Bloxx, a provider of Secure Web Gateway (SWG) technology for protecting enterprises and their employees from Internet threats, in a cash transaction. The details of financials were not known.
The acquisition is expected to complement Akamai’s cloud security strategy for protecting businesses against Internet vulnerabilities. It plans to extend its portfolio of cloud-based security services to focus on the enterprise.
The company believes that Bloxx’s SWG technology will be instrumental to Akamai’s goal of bringing a new suite of offerings to market in 2016.
“Akamai’s traditional business has been about making the Internet fast, reliable and secure for web sites and applications,” said Willie M Tejada, Senior Vice President & General Manager, Cloud Networking Division at Akamai. “As we look to the future, our strategy includes doing the same for the enterprise, helping to protect corporate end users from the exposure to unsuitable content, viruses, malware, and data leakage. By adding Bloxx’s SWG technologies to our solutions, coupled with the security intelligence that we obtain from our global platform, we believe we are well-positioned to help protect enterprises and their employees from a growing threat landscape.”
Bloxx, headquartered in Edinburgh, Scotland and established in 1999, is a privately-funded company with 55 employees. The acquisition is not material to Akamai’s financials.