The start-up Volterra acquired by F5 Networks for $ 500 billion

Large-scale operation for F5 Networks which acquires the start-up Volterra for an amount of 500 million dollars. It offers a platform for deploying applications, security in multicloud mode or to the edge.

As soon as the new year began, F5 Networks took out its checkbook to seize Volterra. The amount of the operation is estimated at 500 million dollars, of which 440 in cash and 60 depending on future results (for managers and employees). The start-up was founded in 2017 by Ankur Singla, creator of Contrail Systems, acquired by Juniper Networks in 2012. At that time, its ambition was to manage hybrid cloud environments cisco voice jobs.

It was in 2019 that Volterra started quietly by offering a platform facilitating the deployment of applications and security solutions in different clouds and on the edge part. This service, VoltStack, helps DevOps and NetOps teams meet operational, security and performance challenges when applications and data are distributed in cloud or edge environments.

Create an edge 2.0 platform The objective is to manage the complexity underlying the switch to multicloud. Volterra's users include small businesses in the Fortune 100 ranking. Its clients include Softbank, Kindred, Net One Systems, Cdiscount, Cyber ​​Test Systems and Digital Virgo. On the network aspect, Volterra had in 2019 acquired the French start-up Accorus Networks, specializing in the deployment of secure networks.

For F5 Networks, the operation provides it with an “open platform for edge 2.0”. As stated by the CEO of the firm, François Locoh-Donou, “the current solutions are not adequate for customers. It's time to break away from closed edge systems that fuel the difficulties of building, running and securing applications. With Volterra, we advance our vision of adaptive applications with an edge 2.0 platform that solves the complexity of multicloud ”.