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New Deal


Announced

F5 Networks to acquire Threat Stack for $68m.

Financials

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Transaction Value£49m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

cloud security

IT Services: Other

Acquisition

Domestic

Majority

Private

Pending

Friendly

Single Bidder

Synopsis

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F5 Networks, a provider of application services, agreed to acquire Threat Stack, a provider of cloud security and workload protection, for $68m. "Applications are the backbone of today’s modern businesses, and protecting them is mission critical for our customers. Threat Stack brings technology and talent that will strengthen F5’s security capabilities and further our adaptive applications vision with broader cloud observability and actionable security insights for customers," Haiyan Song, F5 EVP of Security.

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