Mar, 2019 : F5 Buys Application Delivery Provider NGINX for $670M
📅 - Multi-cloud application services company, F5, has acquired privately held NGINX for a total enterprise value of approximately $670 million. The acquisition by F5 is meant to bridge the divide between NetOps and DevOps with consistent application services across an enterprise's multi-cloud environment. Upon closing of the acquisition, F5 will maintain the NGINX brand.
"F5's acquisition of NGINX strengthens our growth trajectory by accelerating our software and multi-cloud transformation," said François Locoh-Donou, President & CEO of F5. "By bringing F5's world-class application security and rich application services portfolio for improving performance, availability, and management [...][... Check source for end of article ...]
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