F5 Networks to acquire Versafe
Sep 18, 2013 (MarketLine Financial Deals Tracker via COMTEX) --
F5 Networks, Inc., a provider of application delivery networking products, has agreed to acquire Versafe, Ltd., an Israel-based provider of web anti-fraud, anti-phishing and anti-malware solutions.
Earlier in 2012, Versafe had secured $5 million in Series A funding from Susquehanna Growth Equity, LLC, a private equity firm. F5 Networks and Susquehanna are based in the US.
Deal Type Acquisition
Sub-Category Majority Acquisition
Deal Status Announced: 2013-09-17
Target (Company) Versafe, Ltd.
Acquirer (Company) F5 Networks, Inc.
The acquisition will allow F5 Networks to extend its security solutions with advanced real-time detection and protection against emerging web threats.
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