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Fastly completed the acquisition of Signal Sciences for $775m.

Synopsis

Fastly, a provider of an edge cloud platform, completed the acquisition of Signal Sciences, a web application security company for $775m. The consideration will be paid with $200m in cash and c. $575m worth of Class A common stock. "Together with Signal Sciences, we will give developers modern security tools designed for the way they work. This new solution will integrate with our Compute@Edge platform, accelerating the adoption of edge computing, while simultaneously solving for modern security challenges. We look forward to working with the talented team at Signal Sciences as we continue to innovate and deliver revolutionary security and edge-computing solutions together," Joshua Bixby, Fastly CEO.

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