F5 Networks, Inc. and Shape Security announced a definitive agreement under which F5 will acquire all issued and outstanding shares of the privately held Shape for a total enterprise value of approximately $1 billion in cash. Shape protects the largest banks, airlines, retailers, and government agencies with sophisticated bot, fraud, and abuse defence. F5 and Shape offer organisations comprehensive, end-to-end application security, potentially saving billions of dollars lost to fraud, reputational damage, and costly disruptions to critical online services.”]

