In March 2019, we covered news of the F5 Networks’ (NASDAQ: FFIV) acquisition agreed of NGINX, an open source leader in application delivery, for approx. $670M.
The acquisition has been completed this week.
The combined company will enable multi-cloud application services across all environments, providing the flexibility developers require while also delivering scale, security, reliability and enterprise readiness network operations teams need.
Led by CEO François Locoh-Donou, F5 Networks is a global leader in multi-cloud application services providing large businesses, service providers, governments, and consumer brands with the tools they need to securely deliver every app, anywhere.
F5 plans to accelerate NGINX Controller development, with the F5 and NGINX engineering and product teams work closely and collaboratively to integrate technologies and develop new products.