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App delivery networking firm wants to solve customers biggest pain points
Matthew Hughes
Fri 8 Jan 2021 // 20:42 UTC
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Seattle-based application delivery networking biz F5 is planning to snaffle edge-as-a-service platform upstart Volterra for $500m.
The purchase, which is subject to the usual regulatory checks, will see F5 pay $440m upfront, with a further $60m earmarked for deferred consideration and unvested stock compensation.
Launched in 2019, Volterra s schtick is helping businesses manage applications that span both cloud and on-prem environments. Its lineup includes VoltMesh, a distributed networking tool that connects applications in single, multiple, or hybrid cloud environments; VoltStack, an orchestration tool that automates app deployment and operations; and VoltConsole, which offers visibility across connected cloud apps. ....

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