ADC Vendor Kemp Bought by Investor

Acquisition of the 18-year-old vendor, which provides application delivery controllers (ADCs) and load balancers, follows a much more spectacular deal where competitor F5 bought NGINX for $670 million.

Mitch Wagner, Executive Editor, Light Reading

April 1, 2019

1 Min Read
ADC Vendor Kemp Bought by Investor

Kemp Technologies, which provides load balancers and application delivery controllers (ADCs), has agreed to be acquired by Mill Point Capital for an undisclosed sum, the two companies said Monday.

Kemp's management team, including CEO Ray Downes, will stay on leading the company, according to a statement from the two companies.

Kemp's load balancing and ADC technology optimizes, analyzes and secures applications, easing deployment and detecting and resolving issues, according to the company website. It supports cloud-native, virtualized and hardware-based load balancers, and is compatible with platforms including Docker, VMware, Amazon Web Services, Nutanix and Microsoft Windows Competitors such as F5, Radware, A10, Citrix and Avi Networks.

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The company received $28 million funding in four rounds, with the latest in 2016, according to Crunchbase.

Founded in 2000, privately held Kemp is headquartered in New York, with regional hubs in Limerick, Ireland; Munich; Singapore and Sao Paulo, Brazil. It has more than 25,000 customers and 60,000 application deployments in 115 countries, Kemp says.

Kemp competitor F5 acquired NGINX, an open source ADC developer, in March for $670 million.

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About the Author(s)

Mitch Wagner

Executive Editor, Light Reading

San Diego-based Mitch Wagner is many things. As well as being "our guy" on the West Coast (of the US, not Scotland, or anywhere else with indifferent meteorological conditions), he's a husband (to his wife), dissatisfied Democrat, American (so he could be President some day), nonobservant Jew, and science fiction fan. Not necessarily in that order.

He's also one half of a special duo, along with Minnie, who is the co-habitor of the West Coast Bureau and Light Reading's primary chewer of sticks, though she is not the only one on the team who regularly munches on bark.

Wagner, whose previous positions include Editor-in-Chief at Internet Evolution and Executive Editor at InformationWeek, will be responsible for tracking and reporting on developments in Silicon Valley and other US West Coast hotspots of communications technology innovation.

Beats: Software-defined networking (SDN), network functions virtualization (NFV), IP networking, and colored foods (such as 'green rice').

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