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F5 Pays $1 Billion for Shape

F5 will pay approximately $1 billion for privately held Shape Security. F5 CEO Franois Locoh-Donou says Shape is currently mitigating more than 1 billion application attacks a day. The acquisition will help F5 compete in its next targeted areas of growth: cloud, software, and AI/machine learning. Shape Security is F5’s second major acquisition of 2019, coming after the May purchase of Web application server company NGINX. It’s the second major purchase of F5 in 2019.”]

Source: https://www.darkreading.com/application-security/f5-pays-1-billion-for-shape

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