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

 

Got a news tip for our journalists? Share it with us anonymously here.
Copyright © SC Magazine, US edition
Tags:

Most Read Articles

Telstra used ConnectID impermissibly for months

Telstra used ConnectID impermissibly for months

University of Sydney "online IT code library" breached

University of Sydney "online IT code library" breached

NSW Health clinicians "normalise" bypass of cyber security controls

NSW Health clinicians "normalise" bypass of cyber security controls

UK government was hacked in October, minister confirms

UK government was hacked in October, minister confirms

Log In

  |  Forgot your password?