CAMBRIDGE, Mass., Nov. 2, 2015 /PRNewswire/ -- Akamai Technologies,
Inc. (NASDAQ: AKAM) announced today that it has acquired Bloxx, a
provider of Secure Web Gateway (SWG) technology for protecting
enterprises and their employees from Internet threats, in a cash
transaction. The acquisition is expected to complement
Akamai's cloud security strategy for protecting businesses against
Internet vulnerabilities.
As enterprises and their employees increasingly leverage the
Internet and adopt SaaS and cloud-based applications to run their
business, a growing percentage of corporate network traffic and
transactions is now outside of the traditional enterprise zone of
control. Faced with this transformation, enterprises must
remain responsible for the security and compliance of their
employees' expanding reliance on the Internet.
To help address this challenge, Akamai plans to extend its
portfolio of cloud-based security services to focus on the
enterprise. With the goal of detecting and blocking threats
to enterprise users, wherever they are located, Akamai's enterprise
security offerings are designed to help protect against phishing,
malware, and data exfiltration attacks targeted at corporate
networks. These solutions are expected to go beyond
traditional blacklisting by providing real-time risk assessment and
enabling customers to specify the actions Akamai will take based on
the detected threat level. The company believes that Bloxx's
SWG technology will be instrumental to Akamai's goal of bringing
this 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.
About Akamai®
As the global leader in
Content Delivery Network (CDN) services, Akamai makes the Internet
fast, reliable and secure for its customers. The company's advanced
web performance, mobile performance, cloud security and media
delivery solutions are revolutionizing how businesses optimize
consumer, enterprise and entertainment experiences for any device,
anywhere. To learn how Akamai solutions and its team of Internet
experts are helping businesses move faster forward, please
visit www.akamai.com or blogs.akamai.com, and follow @Akamai on
Twitter.
The release contains information about future expectations,
plans and prospects of Akamai's management that constitute
forward-looking statements for purposes of the safe harbor
provisions under The Private Securities Litigation Reform Act of
1995, including statements about expected benefits to Akamai from
the acquisition. Actual results may differ materially from those
indicated by these forward-looking statements as a result of
various important factors including, but not limited to, inability
to successfully integrate the technology of Bloxx or to develop
products based on the SWG technology and other factors that are
discussed in the Company's Annual Report on Form 10-K, quarterly
reports on Form 10-Q, and other documents periodically filed with
the SEC.
Contacts:
|
Jeff Young
Media Relations
617-444-3913
jyoung@akamai.com
|
--or--
|
Tom Barth
Investor Relations
617-274-7130 tbarth@akamai.com
|
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SOURCE Akamai Technologies, Inc.