This Slide: #13 of 29 |
Slide #13. F5 Networks — Versafe
Acquirer:
F5 Networks (NASDAQ:FFIV)
Acquiree:
Versafe
Details:
F5 Networks, Inc. (NASDAQ:FFIV) today announced that it has agreed to acquire Versafe Ltd., a provider of web anti-fraud, anti-phishing, and anti-malware solutions. VersafeTM advanced web and mobile protection solutions combined with its Security Operations Center ("SOC") will provide greater breadth to F5's existing security solutions.
F5 is a provider of multi-cloud application security and delivery solutions which enable its customers to develop, deploy, operate, secure, and govern applications in any architecture, from on-premises to the public cloud. Co.'s application services are available as cloud-based, software-as-a-service, and software-only solutions supported for multi-cloud environments. In connection with its solutions, Co. provides a range of other services, including consulting, training, installation, maintenance, and other technical support services. Co.'s products and solutions include: BIG-IP Software and Systems; NGINX Software Solutions; Distributed Cloud Services; and Silverline Managed Services.
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Hold (2.00 out of 4) 0th percentile
(ranked lower than approx. 100% of all stocks covered)
Analysts' Target Price: FFIV Stock Forecast Based on Zacks ABR data; powered by Xignite |