Multi-cloud application services company, F5, has acquired privately held NGINX for a total enterprise value of approximately $670 million. The acquisition by F5 is meant to bridge the divide between NetOps and DevOps with consistent application services across an enterprise’s multi-cloud environment. Upon closing of the acquisition, F5 will maintain the NGINX brand. “F5’s acquisition of NGINX strengthens our growth trajectory by accelerating our software and multi-cloud transformation,” said François Locoh-Donou, President & CEO of…
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