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Stock impact report

F5 Networks to acquire Shape Security for $1 billion [MarketWatch]

F5, Inc. (FFIV) 
Last f5, inc. earnings: 4/27 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: f5.com/about-us/investor-relations
Company Research Source: MarketWatch
F5 Networks to acquire Shape Security for $1 billion F5 Networks Inc. FFIV, +2.38% said late Thursday it will acquire privately held cybersecurity company Shape Security in a deal with an enterprise value of $1 billion. In a statement, F5 said the "acquisition brings together F5's expertise in protecting applications across multi-cloud environments with Shape's fraud and abuse prevention capabilities to transform application security." The company expects the deal to close by the first quarter of 2020, funded by cash on hand and $400 million in financing. F5 shares were flat after hours, following a 2.4% rise to close the regular session at $42.94. Show less Read more
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