.
MergerLinks Header Logo

Announced

Completed

F5 Networks completed the acquisition of Shape Security for $1bn.

Financials

Edit Data
Transaction Value£767m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales21.4x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Majority

United States

Software

Acquisition

Merger

Single Bidder

Private

cybersecurity

Friendly

Completed

Domestic

Disposal

Private Equity

Synopsis

Edit

F5 Networks, a transnational company that specializes in application services and application delivery networking, completed the acquisition of Shape Security, a cybersecurity company in Mountain View, California, for $1bn. "We know from the companies we work with that applications are critical to running their business. To drive maximum business value and the best experiences for their customers, these apps need to perform flawlessly while protecting data security and user privacy. When a website or application experience is degraded by web fraud and abuse, the result is lost revenue, lost brand equity, and customers jumping ship to the competition," François Locoh-Donou, F5 President and CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US