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Slide #23. F5 Networks, Inc. — LineRate Systems
F5 Networks, Inc. (NASDAQ:FFIV)
F5 Networks, Inc. (NASDAQ:FFIV) today announced that it has agreed to acquire LineRate Systems, a developer of software defined networking (SDN) services. Through this acquisition, F5 gains access to LineRate's layer 7+ networking services technology, intellectual property, and engineering talent, further building on F5's commitment to bring superior service agility, application intelligence, and programmability to software defined data centers.
F5 Networks is a provider of multi-cloud application services, 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 services, including consulting, training, installation, maintenance, and other technical support services. Co.'s products and solutions include hardware platforms, software and software-as-a-service platforms, cloud-based managed services, and service provider solutions.
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Buy (2.90 out of 4)