F5 Completes Acopia Acquisition

F5 Networks completes acquisition of Acopia Networks

September 14, 2007

1 Min Read
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SEATTLE -- F5 Networks, Inc. (NASDAQ:FFIV), the global leader in Application Delivery Networking, today announced that it has completed the acquisition of Acopia Networks, Inc., a best-of-breed provider of high-performance, intelligent file virtualization solutions. On August 6, 2007, F5 announced the execution of a definitive agreement to acquire Acopia.

Acopia solutions increase F5s strategic value to customers by optimizing the network storage layer that is entrusted with an organization’s data. In extending the power of intelligent networking to all levels of application delivery, the acquisition furthers F5’s strategic goal of making applications and information readily available to global users.

“Customers are recognizing the value of applying intelligent network technology to the challenges of managing growth at all levels of the application delivery infrastructure,” said Steve Duplessie, Founder and Senior Analyst at Enterprise Strategy Group (ESG). “As the demands of doing business across the extended enterprise increase, the ability of application delivery controllers to intelligently optimize availability, performance, and user access to information has made them the primary weapon in an IT organization’s arsenal. Intelligent file virtualization leverages the same concepts to address the equally challenging issues facing IT in managing the resulting growth of their file storage infrastructures.” An in-depth analysis from ESG regarding the acquisition can be found at http://www.f5.com/reports/esg20070801.pdf.

F5 Networks Inc.

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