F5 Acquires NGINX for $670 Million
NGINX, a name synonymous with web and proxy servers, is an open source technology that has dethroned the Apache web server. Now, NGNIX, Inc., the parent company of NGINX project, is being acquired for $670 million by F5, a provider of multi-cloud application services.
In an exclusive interview, representatives from both F5 and NGINX told us that under F5, NGINX’s open source projects will continue to be developed as usual.
F5 will maintain the NGNIX brand and leadership. Customers of both companies will be able to buy whichever products and services they want.
Since both companies operated in different spaces, there are no overlaps. None of the services will be discontinued or integrated into F5 services. The acquisition is meant to bridge a gap. “We bridge the divide between NetOps and DevOps with consistent application services across an enterprise’s multi-cloud environment,” said François Locoh-Donou, president and CEO of F5.
In the long run, there will be better integration and user experience for those who want to buy services from either NGINX or F5.
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