F5 Completes Acquisition of Volterra
January 25 2021 - 9:00AM
Business Wire
Combination to create the first Edge 2.0
platform for enterprises and service providers
F5 Networks (NASDAQ: FFIV), the leader in application security
and delivery, today announced that it has completed the acquisition
of Volterra, the first universal edge-as-a-service platform. With
the addition of Volterra’s technology, F5 is creating an edge
platform built for enterprises and service providers that will be
security-first and app-driven with unlimited scale.
“I am incredibly excited to welcome Volterra to the F5 family
and get to work bringing Edge 2.0—a key part of our Adaptive
Applications vision—to customers,” said François Locoh-Donou, F5
President and CEO. “Joining forces, we will deliver the
enterprise-grade features, including world-class security and
scale, that have been missing from the edge until now.”
“Current edge approaches were not designed with enterprises in
mind,” said Ankur Singla, founder of Volterra. “When Harshad and I
started Volterra, we knew the edge would need to be delivered with
the scale of public clouds, but with management and security
integrated with the data centers where so many enterprise apps
still live. Given F5’s leadership in Adaptive Applications and
their vast enterprise customer base, I could not imagine a better
partner to empower customers’ business transformation through
modern apps.”
Volterra’s unique multi-cloud technology solves key edge and
security problems and has allowed it to quickly gain more than
fifty enterprise customers, including three of the top fifteen
global telcos.
“We are excited to work with Volterra to architect an
unprecedented edge computing environment across our 5G network,”
said Keiichi Makizono, SVP and CIO, SoftBank Corp. “Volterra has
demonstrated that it solves critical operational challenges within
existing telco cloud service offerings, increasing operator
efficiency and revenue streams while delivering a cloud-native
experience that will drive developer adoption.”
The F5+Volterra Edge 2.0 Platform
The modern edge has been evolving for more than twenty years.
The F5+Volterra Edge 2.0 platform will be designed to address
challenges found with current edge solutions that are built on CDNs
and have limited security features. This new enterprise-focused
edge is security-first and app-driven, with
unlimited scale.
- Security-first. The sophistication of cybercriminals and
nation states has increased to the point that commodity security is
no longer capable of effectively protecting enterprises.
F5+Volterra’s Edge 2.0 platform will deliver the full range of F5’s
industry-leading security products in a SaaS model. F5’s AI
technology for fraud and abuse protection—the primary line of
cyberdefense for the majority of the largest banks, airlines, and
federal agencies—will be made easily deployable by any
enterprise.
- App-driven. The edge should meet the requirements of the
app, not the other way around. The Volterra platform is based on
industry-standard containers, enabling enterprises to “build once,
deploy globally,” rather than rewriting code based on a closed edge
provider’s constraints. F5 simplifies operations to accelerate
time-to-market and lower cost of ownership, powering more than 70%
of the world’s top 10,000 websites and 48 of the Fortune 50.
- Unlimited scale. Third-party CDNs cannot match the scale
and capital investment of the public clouds of Amazon, Microsoft,
and Google; nor can a single public cloud match the scale of all
clouds combined. The F5+Volterra Edge 2.0 platform represents the
first open edge architecture, enabling DevOps and developer teams
to seamlessly shift workloads across clouds and even to data
centers, without reimplementation or retooling, enabling the
largest scale and best performance possible.
Additional Information
Extending Adaptive Applications to the Edge – Blog from Kara
Sprague, EVP and GM of BIG-IP at F5
About F5
F5 (NASDAQ: FFIV) is a multi-cloud application security and
delivery company that enables our customers—which include the
world’s largest enterprises, financial institutions, service
providers, and governments—to bring extraordinary digital
experiences to life. For more information, go to f5.com. You can
also follow @F5 on Twitter or visit us on LinkedIn and Facebook for
more information about F5, its partners, and technologies.
Source: F5 Networks
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210125005477/en/
Rob Gruening Director, Corporate Communications F5 (206)
272-6208 r.gruening@f5.com Suzanne DuLong VP, Investor
Relations F5 (206) 272-7049 s.dulong@f5.com Holly Lancaster
WE Communications (415) 547-7054 hluka@we-worldwide.com
F5 (NASDAQ:FFIV)
Historical Stock Chart
From Aug 2024 to Sep 2024
F5 (NASDAQ:FFIV)
Historical Stock Chart
From Sep 2023 to Sep 2024