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

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

Most Read Articles

CBA builds two AI agents to boost cyber defences

CBA builds two AI agents to boost cyber defences

Researchers uncover 'Darksword' iPhone spyware

Researchers uncover 'Darksword' iPhone spyware

Stryker contains cyber attack on its Microsoft environment

Stryker contains cyber attack on its Microsoft environment

Exploited Google Chrome zero-days added to US must-patch list

Exploited Google Chrome zero-days added to US must-patch list

Log In

  |  Forgot your password?