Multi-cloud application services company, F5, has acquired privately held NGINX for a total enterprise value of approximately $670 million. The acquisition by F5 is meant to bridge the divide between NetOps and DevOps with consistent application services across an enterprise’s multi-cloud environment. Upon closing of the acquisition, F5 will maintain the NGINX brand. “F5’s acquisition of NGINX strengthens our growth trajectory by accelerating our software and multi-cloud transformation,” said François Locoh-Donou, President & CEO of…"F5 Buys Application Delivery Provider NGINX for $670M"
Hybrid IT data center solutions provider, Flexential, has expanded its disaster recovery as a service (DRaaS) portfolio with the launch of two new DRaaS locations live and in production. Flexential is now positioned to provide DRaaS targets within a 700-mile radius of most major metropolitan areas in the U.S. due to this strategic geographic selection. Located in Denver and Portland, Oregon, the new DRaaS locations are geographically distributed to provide Flexential customers with the flexibility to choose between…"Data Center Services Company Flexential Adds Two New U.S. DRaaS Locations"