F5, a leading technology company is looking to broaden its role and offerings in global application delivery and security by launching a new platform. The new solution will integrate the company’s in-house software and services with other solutions F5 has acquired recently.
Over the past few months, F5 has completed a bunch of acquisitions that are worth over $2 billion.
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How is F5 integrating recently acquired technologies?
F5 announced its plans of integrating the recently acquired technology on Tuesday. F5 Distributed Cloud Services will now integrate solutions from recent acquisitions including Shape Security and Volterra.
The recent acquisitions allow F5 to position itself as a unified front and compete with its competitors such as Akamai Technologies and Citrix Systems – some of the heavyweights in the managing, distributing, and security applications space.
This strategic decision to integrate these solutions comes at the back of a significant surge in the number of cyber-attacks and the growing popularity of cloud technologies.
François Locoh-Donou, F5 CEO said that it is very important to look at cybercrime as more than just a threat to businesses. He says that cybercrimes also impact human lives and it is time to change our perception.
More about F5’s expansion and services
F5 Distributed Cloud WAAP is the first service provided by F5 on the new platform. It brings together F5’s Advanced Web Application Firewall, AI-powered bot defense from Shape Security, a layer of safety to protect against DDoS attacks, and Volterra’s machine learning-based API security.
This is the newest development in the company’s expansion plans apart from its conventional networking hardware business. F5 was formerly known as ‘F5 Networks’. The Seattle-based tech company rebranded itself to highlight its evolution.
F5 is still keen on maintaining a strong presence with its legacy business. It is doing so by positioning itself to offer security solutions and application delivery across various edge devices, on-premises hardware, data centers, and public clouds.
Over the past few years, the company has cemented its presence in the software and services space. Its recent acquisitions include Shape Security for $1 billion, Nginx for $670 million, Threat Stack for $68 million, and Volterra for $500 million.
As part of the announcement made on Tuesday, F5 said that it is changing the name of multiple F5, Volterra, and Shape services by using the F5 Distributed Cloud Services brand. This will simplify its entire product naming process.
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