About
F5 Networks Inc, aglobal company in application delivery networking, helps enterprises and service providers realize the full value of virtualization, cloud computing, and on-demand IT. F5 solutions help integrate disparate technologies to provide greater control of the infrastructure; improve application delivery and data management; and give users seamless, secure, and accelerated access to applications from their corporate desktops and smart devices. F5 Networks Israel opened its development center in 2004 with the acquisition of MagniFire. It later acquired additional Israeli start-ups in the area of cyber security. Today it develops someof the company's information and cyber-security products. The local center includes software development teams and DevOps teams that develop the SDC infrastructure.
Company Intelligence Q&A
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- When did F5 Networks establish its development center in Israel?
- F5 Networks opened its development center in Israel in 2004, following the acquisition of MagniFire.
- What was F5 Networks' first acquisition in Israel?
- F5 Networks' first acquisition in Israel was MagniFire in June 2004, which led to the establishment of its development center.
- When did F5 Networks acquire Traffix?
- F5 Networks acquired the Israeli company Traffix in February 2012.
- When did F5 Networks acquire Versafe?
- F5 Networks acquired the cyber security company Versafe in September 2013.
- What is the primary focus of F5 Networks' Israeli development center?
- The Israeli development center for F5 Networks focuses on developing information and cyber-security products, including software development and DevOps for SDC infrastructure.
- When did F5 Networks go public?
- F5 Networks completed its IPO on NASDAQ in June 1999, with a valuation of $178.77 million.
- How many employees does F5 Networks have in Israel?
- F5 Networks has between 201 and 500 employees in Israel, with an exact count of 205.
- What was the reported employee reduction at F5 Networks' Israeli team?
- In April 2023, F5 Networks reportedly laid off 10% of its Israeli team.
- When did F5 Networks establish its presence in Israel?
- F5 Networks has had a presence in Israel since February 2012.