• F5 to Acquire Shape Security, Transforming Application Security

    F5 to Acquire Shape Security, Transforming Application Security

    SINGAPORE, JANUARY 2, 2020 – F5 Networks, Inc. and Shape Security announced a definitive agreement under which F5 will acquire all issued and outstanding shares of the privately held Shape for a total enterprise value of approximately $1 billion in cash, subject to certain adjustments. Shape protects the largest banks, airlines, retailers, and government agencies with sophisticated bots, fraud, and abuse defence. In…