F5 combines technology from big acquisitions into new Distributed Cloud Services platform

F5 CEO Francois Loco-Don calls cybersecurity a “moral imperative”. (Screenshot via F5 video)

F5 seeks to expand its role in global security and application delivery through a new platform that combines its own software and services with those that have been earned in a number of deals totaling more than $ 2 billion.

Announced Tuesday morning, F5 Distributed Cloud Services include technologies from acquisitions such as Volterra and Shape Security to give Seattle companies a united front in competition with Citrix Systems, Akamai Technologies and other major players in application distribution, management and protection.

This is after the rapid growth of cloud technologies and cyber attacks in recent years.

“I believe it is time to talk about cybercrime not only as a threat to business but also as a threat to human life; not just as a business priority, but also as a moral imperative, ”F5 CEO Francois Loco-Donu said in a video accompanying the launch.

The first service on the new platform, F5 Distributed Cloud WAAP (Web Application and API Protection), combines the advanced firewall of F5 web applications; Security API based on Volterra machine learning; Robot protection based on AI from Shape Security; and protection against distributed denial of service attacks (DDoS).

F5 graphics

This is the latest step in extending F5 beyond traditional networking equipment. Earlier F5 Networks, last year the company streamlined its name to denote its evolution. In the December quarter, revenue from F5 software grew 47% to $ 163 million, or 24% of revenue of $ 687 million during the period.

The company continues to maintain a presence in its old business, positioning itself to deliver security and security applications across multiple public clouds, endpoints, data centers and local hardware.

In recent years, F5 has expanded in software and services with the acquisition of companies, including Nginx, for $ 670 million; Shape Security for $ 1 billion; Voltaire for $ 500 million; and Threat Stack for $ 68 million.

As part of an announcement Tuesday morning, F5 said it would rename many Shape, Volterra and F5 services using the F5 Distributed Cloud Services brand to simplify the generic name of the product.

Located in a 3-year-old skyscraper in downtown Seattle known as the F5 Tower, the company at the end of fiscal year in September employed 6,461 people, including more than 1,400 in the Seattle area.

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