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Home > Cloud Computing > Fastly acquires Signal Sciences for $775 million

Fastly acquires Signal Sciences for $775 million

Fastly announced that it has entered into a definitive agreement to acquire Signal Sciences for approximately $775 million.

Erdem Yasar by Erdem Yasar
August 29, 2020
in Cloud Computing
1 min read
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Fastly acquires Signal Sciences for $775 million
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Edge cloud platform provider Fastly announced the definitive agreement to acquire Signal Sciences for approximately $775 million in cash and stock. With the acquisition, Fastly will expand its robust security portfolio. Fastly’s existing security offerings will be bolstered by Signal Sciences’ strong, developer-first web application and API protection solutions. The duo’s solutions will be combined to form Fastly’s new security offering, [email protected]

[email protected]

Joshua Bixby, Chief Executive Officer of Fastly
Joshua Bixby, Chief Executive Officer of Fastly

Fastly’s new security solution [email protected] will be a modern, unified web application and API protection solution that will power and protect companies looking to further or begin their digital transformation. Joshua Bixby, Chief Executive Officer of Fastly said,

“Fastly was founded to meet developers’ need for greater visibility and control. Now, as the digital transformation movement continues to accelerate, DevOps teams are struggling with inadequate and inflexible security tools. Together with Signal Sciences, we will give developers modern security tools designed for the way they work. This new solution will integrate with our [email protected] platform, accelerating the adoption of edge computing, while simultaneously solving for modern security challenges. We look forward to working with the talented team at Signal Sciences as we continue to innovate and deliver revolutionary security and edge-computing solutions together.”

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Tags: FastlySignal Science
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Erdem Yasar

Erdem Yasar

Erdem Yasar is a news editor at Cloud7 News. Erdem started his career by writing video game reviews in 2007 for PC World magazine while he was studying computer engineering. In the following years, he focused on software development with various programming languages. After his graduation, he continued to work as an editor for several major tech-related websites and magazines. During the 2010s, Erdem Yasar shifted his focus to cloud computing, hosting, and data centers as they were becoming more popular topics in the tech industry. Erdem Yasar also worked with various industry-leading tech companies as a content creator by writing blog posts and other articles. Prior to his role at Cloud7 News, Erdem was the managing editor of T3 Magazine.

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