As part of its effort to bridge NetOps and DevOps, F5 Networks has announced that it is acquiring application delivery company NGINX for $670 million. According to the company, bringing the two together will enable users to focus more on their applications instead of having to worry about their infrastructure.
“F5’s acquisition of NGINX strengthens our growth trajectory by accelerating our software and multi-cloud transformation,” said François Locoh-Donou, president & CEO of F5. “By bringing F5’s world-class application security and rich application services portfolio for improving performance, availability, and management together with NGINX’s leading software application delivery and API management solutions, unparalleled credibility and brand recognition in the DevOps community, and massive open source user base, we bridge the divide between NetOps and DevOps with consistent application services across an enterprise’s multi-cloud environment.”
According to the companies, F5 Networks will enhance NGINX’s offerings with its security solutions. It will also integrate its cloud-native innovations with NGINX’s solutions. The acquisition will help accelerate F5’s time to market for application services.
“NGINX and F5 share the same mission and vision. We both believe applications are at the heart of driving digital transformation. And we both believe that an end-to-end application infrastructure—one that spans from code to customer—is needed to deliver apps across a multi-cloud environment,” said Gus Robertson, CEO of NGINX, Inc. “I’m excited to continue this journey by adding the power of NGINX’s open source innovation to F5’s ADC leadership and enterprise reach. F5 gains depth with solutions designed for DevOps, while NGINX gains breadth with access to tens of thousands of customers and partners.”
F5 will also work to support NGINX’s open-source community and will continue investing in the NGINX open source project.
F5 Networks will be acquiring all issued and outstanding shares of NGINX, which had been privately held. Upon completion of the deal, F5 will maintain NGINX’s brand and NGINX’s CEO and founders will join F5 as they continue to lead NGINX.