Tech, Media & Telecom: F5 Buys LineRate
LineRate develops software the helps companies scale networks to support web traffic
F5 Networks Inc. (Nasdaq: FFIV) is buying LineRate Systems, a software developer.
Louisville, Colo.-based LineRate develops products that help service providers support growing web traffic. The deal will allow F5 to expand its traffic-management capabilities.
F5, headquartered in Seattle, develops software for data centers, businesses, service providers, government entities and consumer brands. Terms of the deal were not disclosed.
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