Computer Peripherals M&A » By The Online Investor Staff, updated Tue., May. 24, 9:12 AM
Recent mergers and acquisitions in the Computer Peripherals M&A category.
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Slide #23. F5 Networks, Inc. — LineRate Systems
Acquirer:
F5 Networks, Inc. (NASDAQ:FFIV)
Acquiree:
LineRate Systems
Details:
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 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 (SaaS), 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 provides hardware and software products, SaaS offerings, and service provider solutions.
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Avg. Broker Rec.
 
|
Buy (3.13 out of 4) 25th percentile
(ranked lower than approx. 75% of all stocks covered)
Analysts' Target Price: FFIV Stock Forecast Based on Zacks ABR data; powered by Xignite |
