Tuesday, 03 November 2021 09:02

Livingston web security firm acquired by US corporation

Niki McKenzie, investment executive at Archangels

Livingston-based web security company Bloxx has been sold by its shareholders to US-based Akamai Technologies, Inc for an undisclosed sum.

Bloxx was created in 1999 and has grown to become a leading provider of web and email filtering for medium and large organisations in education, business and the public sector, helping to protect 800 million devices around the world.

Akamai is the global leader in Content Delivery Network services, offering web performance, mobile performance, cloud security and media delivery solutions. It has acquired Bloxx to complement its existing security strategy for protecting enterprises and their employees from online threats.

Bloxx was sold to Akamai by its shareholders, which include Archangel Investors and Scottish Investment Bank.

Niki McKenzie, investment executive at Archangels, said: “We are proud that Archangels has been able to support Bloxx from an early stage to become the significant player that it is today, helping to protect email and Internet users across the globe. We are confident that the business will thrive as part of Akamai, whose world-leading credentials in content delivery are second to none.”

Kerry Sharp, head of the Scottish Investment Bank said: “Since 2003, Scottish Enterprise has worked closely with Bloxx to provide an integrated package of support and investment to help the company realise its growth potential, both in the UK and internationally. We look forward to Bloxx continuing to flourish as part of the Akamai organisation post acquisition.”

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