F5 Networks to buy VC-backed NGINX for about $670 mln

F5 Networks Inc has agreed to acquire web server NGINX for about $670 million. The deal is expected to close in the second calendar quarter of 2019. Foros acted as financial adviser to F5 on this transaction while Qatalyst Partners did likewise for NGINX, whose backers include Blue Cloud Ventures, e.ventures, Goldman Sachs, Index Ventures, MSD Capital, NEA, Runa Capital and Telstra Ventures.

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