F5 Acquired NGINX For $670M

Peter Reutemann <[email protected]>
Newsgroups gmane.org.user-groups.linux.waikato
Message-ID <CAHoQ12JcYZX67gRSYWxhojK8FyTFcPrk9BWyOmcocQ1+jfrLMw@mail.gmail.com>
'F5 Networks on Monday announced that it will acquire NGINX, which
provides popular open-source software of the same name, for $670
million. The deal advances F5's aim of capitalizing on the trend
toward multi-cloud deployments.

F5 plans to enhance NGINX's current offerings with F5 security
solutions and will integrate F5 cloud-native technology with NGINX's
software load balancing technology. This should accelerate F5's time
to market of application services for containerized applications.
Meanwhile, NGINX will benefit from F5's global salesforce, channel
infrastructure and partner ecosystem.

The acquisition adds "the power of NGINX's open source innovation to
F5's ADC leadership and enterprise reach," NGINX CEO Gus Robertson
said in a statement '

-- source: https://slashdot.org/story/19/03/16/1957241

Cheers, Peter
-- 
Peter Reutemann
Dept. of Computer Science
University of Waikato, NZ
+64 (7) 858-5174
http://www.cms.waikato.ac.nz/~fracpete/
http://www.data-mining.co.nz/
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