December 20 - 10:12
F5 Networks acquires Shape Security for $1bn
F5 Networks is buying fraud detection specialist Shape Security. The sale is still subject to regulatory approval, but should complete within the first quarter of 2020. F5 estimates the acquisition to boost its software revenue by as much as 70%. “Shape’s machine learning and AI capabilities will scale and extend F5’s broad portfolio of application services", said F5's CEO François Locoh-Donou.
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