Market Overview

F5 Networks Announces Acquisition of LineRate Systems

F5
Networks (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's vision is to enable application-layer SDN services for software
defined data centers, providing our customers with unprecedented
automation, orchestration, and control,” said Karl Triebes, EVP of
Product Development and CTO at F5. “Extreme scale of applications,
infrastructure, and services will be vital to SDN, core to F5, and the

See full press release

Posted-In: News Guidance Management M&A

 

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