F5 to Acquire Cloud Security Company Threat Stack for $68M

F5, a popular name in the applications networking segment, has recently made an announcement that it will be acquiring Threat Stack for $68mn. Threat Stack is a cloud security company based in Boston, and the new deals come just a few months after F5’s Volterra purchase. The recent moves of the company show that it is looking forward to increasing its capabilities in the cloud security segment and have a great portfolio of applications. F5 wants to target cyber criminals and provide robust solutions to companies because yearly $100bn is lost due to attacks focusing on digital experiences.

Threat Stack is a cloud security company founded back in 2012, and since then, the company has raised more than $70 million in funding from six rounds. Threat Stacks is well known for providing real-time threat detection for cloud workloads and infrastructures. Most of the tools in the market generally tend to discover an attack only after the intrusion has taken place, but the Threat Stacks approach is more proactive, and it provides the necessary documents to the company alerting it about the defects or vulnerabilities. The company’s solution works across various cloud and containerized environments, making it ideal for customers in almost every segment. Read more news