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Home > Web Hosting > F5 Networks completes Shape Security acquisition

F5 Networks completes Shape Security acquisition

Erdem Yasar by Erdem Yasar
January 28, 2020
in Web Hosting
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F5 Networks completes Shape Security acquisition
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F5 Networks announced that it has completed the acquisition of online fraud and abuse prevention company, Shape Security.

F5 Networks is adding protection from automated attacks, botnets, and targeted fraud to F5’s portfolio of application services with the acquisition of Shape Security. F5 has announced that it had entered into an agreement to acquire the company on December 19, 2019. By combining F5 and NGINX’s expertise with Shape’s insight from mitigating 1 billion application attacks per day through sophisticated AI, cloud-based analytics, and anti-fraud technologies, the acquisition delivers superior value to the customers.

End-to-end application security solution

François Locoh-Donou, F5 President and CEO
François Locoh-Donou, F5 President and CEO

Both companies represent an end-to-end application security solution, reducing infrastructure complexity while protecting every aspect of the code to customer journey against losses from online fraud, reputational damage, and disruptions to critical online services. François Locoh-Donou, F5 President and CEO said,

“We welcome Shape to the team and look forward to the work we will do together to transform the application security landscape for customers. Shape’s advanced AI and analytics capabilities will help accelerate new ways of securing and enhancing the performance of every application, across any cloud.”

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Tags: F5 NetworksFrançois Locoh-DonouShape Security
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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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