F5 buys web security company

By
Follow google news

Israeli venture capital firm JVP announced Tuesday that it sold its portfolio company, MagniFire Websystems, to F5 Networks for $29 million in cash.

F5, a provider of application traffic management products, plans to incorporate MagniFire's web security gateway, TrafficShield, into its product line. The acquisition will enhance F5's ability to help customers address the issue of application security.


F5 plans to retain MagniFire's entire staff, which are based in New York and Israel.

www.magnifire.com

 

Add iTnews as your trusted source

Add iTnews As Your Trusted Source Add iTnews As Your Trusted Source
Got a news tip for our journalists? Share it with us anonymously here.
Copyright © SC Magazine, US edition
Tags:
buyscompanyf5securityweb

Sponsored Whitepapers

Agile in the AI Era: why projects still fail
Agile in the AI Era: why projects still fail
When Technology Becomes the Blocker: Unlocking Real Outcomes from AI and Cloud
When Technology Becomes the Blocker: Unlocking Real Outcomes from AI and Cloud
High-volume data sources for AI-driven security analytics
High-volume data sources for AI-driven security analytics
How healthcare organisations can get more value from cloud
How healthcare organisations can get more value from cloud
1 in 3 companies lose SaaS data. Here’s how to prevent it
1 in 3 companies lose SaaS data. Here’s how to prevent it

Events

Most Read Articles

Anthropic opens Claude Mythos Preview AI program to Australia

Anthropic opens Claude Mythos Preview AI program to Australia
Defence says Palantir is "sandboxed" in its environment

Defence says Palantir is "sandboxed" in its environment
Services Australia describes fraud, debt-related machine learning use cases

Services Australia describes fraud, debt-related machine learning use cases
Researchers build self-replicating AI worm with BYO LLM

Researchers build self-replicating AI worm with BYO LLM
techpartner.news logo
Sydney-based AI-cloud waste startup raises $3m
Sydney-based AI-cloud waste startup raises $3m
Brennan uses NiCE to modernise its contact centre
Brennan uses NiCE to modernise its contact centre
Impact Awards: Tecala slashes customer response times for fintech IQumulate
Impact Awards: Tecala slashes customer response times for fintech IQumulate
Interactive introduces private cloud platform
Interactive introduces private cloud platform
Digital61 expands cybersecurity portfolio
Digital61 expands cybersecurity portfolio

Log In

  |  Forgot your password?