Volterra: F5 Networks posts 10% revenue increase, completes $500M Volterra acquisition

F5 Networks, the Seattle-based application security and delivery company, posted revenue of $626 million for the December quarter, up 10%, and profits of $87.7 million, down 11%, as the company boosted spending on a variety of fronts in pursuit of future growth. Also this week, the company completed its previously announced acquisition of cloud computing startup Volterra for $440 million in cash up front and $60 million in future consideration. Volterra is F5's third major acquisition in the past two years, part of a broader effort by the company to move into its software and services, expanding beyond its traditional... Read More