Announced
Completed
Financials
Sources
Tags
Private
Completed
Single Bidder
IT Services: Other
Acquisition
United States
computer networking startup
Domestic
Majority
Friendly
Synopsis
F5 Networks, a provider of application services, completed the acquisition of Lilac Cloud, a small computer networking startup based in Silicon Valley. Financial terms were not disclosed. “Customers are focused on minimizing their spend and optimizing their existing investments while also continuing to drive revenue.” François Locoh-Donou, F5 President and CEO.
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