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NGINX to Join F5: Proud to Finish One Chapter and Excited to Start the Next

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OSS

I’m incredibly excited that today we announced NGINX has signed a definitive agreement to be acquired by F5. While there will be a lot of press and formal announcements explaining the reasoning behind the decision, I wanted to share a few words of my own.

We’ve built an incredible company, which led to today’s event. As I reflect on how we achieved this success, I landed on three key themes: technology, family, and vision.

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More from Larabel and the press release

F5 acquires NGINX for $670M to move into open-source

  • F5 acquires NGINX for $670M to move into open-source, multi-cloud services

    NGINX had last raised money nine months ago, a $43 million round led by Goldman Sachs to fuel expansion, and had positioned itself as a strong alternative to F5 in recent years. (It had not disclosed its valuation in that round.) F5 itself, by coincidence, was said to have retained Goldman Sachs in 2016 to field acquisition interest in itself, although that never led to anything.

Sean Michael Kerner on Open Core company NGINX taken over

  • F5 Networks Expands Application Delivery With NGINX Acquisition

    F5 Networks announced on March 11 that it is acquiring privately held Nginx in a deal valued at $670 million.

    Nginx is the lead commercial sponsor of the open-source Nginx web server and application delivery platform, which is one of the most widely used technologies on the internet today, powering 22 percent of all active web sites, according to the January 2019 Netcraft Web Server Survey. F5 Networks is well-known for its own Big-IP Application Delivery Controller (ADC) technologies, which will now benefit from the addition of complementary capabilities from Nginx.

    "F5 is transforming into a mutlicloud application services company, and with this acquisition we are significantly accelerating our transformation," Francois Locoh-Donou, CEO of F5, said during a call with financial analysts discussing the deal. "The combination of F5, the global leader in multicloud application services, with Nginx, the open-source leader in application delivery for modern applications, is powerful for a F5, but more importantly it is powerful for our customers."

By Christine Hall

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