Westcon Group has snapped up network security distie NOXS for €53.25m.

Networking distie Westcon reckons the deal sets it up to become a “leading multinational distributor of network security products and solutions.” NOXS operates in the UK, Germany, Benelux, France, Ireland Italy and Austria. Its vendor roster in the UK includes Aruba, Blue Coat and Finjan, amongst others.

That €53.25m fee will go to current NOXS parent, Unit 4 Agresso, which will use the cash to boost its capital base and expad other parts of its business.®