F5 Network stock price soars to record highs after acquiring

F5 Network stock price soars to record highs after acquiring Volterra for $500 Million


Volterra was founded only last year when it raised $50 million
On Friday, shares closed 6.19% higher after surging more than 11% to trade above $200 for the first time ever
Shares of F5 Networks (NASDAQ: FFIV) soared over 6% on Friday to exceed the $200.00 mark for the first time ever. The company announced the acquisition of Volterra startup for $500 million. 
Fundamental analysis: Volterra to be integrated
F5 Networks said it will pay $440 million in cash and $60 million in deferred and unvested incentive payments to acquire could-management startup Volterra. Interestingly, Volterra was founded only last year when it raised $50 million.
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