Thursday, December 19, 2019

F5 To Acquire Shape Security, Transforming Application Security

F5 Networks, Inc. and Shape Security today 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. hape protects the largest banks, airlines, retailers, and government agencies with sophisticated bot, fraud, and abuse defense. In particular, Shape defends against credential stuffing attacks, where cybercriminals use stolen passwords from third-party data breaches to take over other online accounts.

More:
businesswire.com/news/home/20191219005823/en/F5-Acquire-Shape-Security-Transforming-Application-Security

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