Market Monopoly, F5 Networks Buy Nginx with a tag of Rp.9 Trillion
F5 Networks officially acquired Nginx (read: engine-X), a startup behind the popular web server of the same name
F5 Networks is a big competitor of Nginx that specializes in providing network technology or Application Delivery Networking (ADN), providing servers, power storage devices, and cloud services.
The valuation value of F5 Networks on the open market is 9.6 billion US dollars (Rp. 137 trillion). The company will acquire all Nginx shares with a value of US $ 670 million (Rp9.5 trillion).
That way, Nginx CEO, Gus Robertson and co-founder, Igor Sysoev and Maxim Konovalov will become employees of F5 Networks after the acquisition process is completed. A little bit about Nginx, this startup is not a big software company.
But, the Nginx web server is number three, the most widely used in the world, stalking behind Microsoft and Apache, and surpassing Google.
More than half of the busiest websites in the world, including those of McDonald's and Starbucks, rely on the Nginx server.
Last year, Robertson boasted that Nginx's business growth had surged 100 percent year-on-year since 2014.
The core of the Nginx web server is open source, meaning that anyone can download and use the code they want.
Nginx has made a premium service called Nginx Plus that can help developers create modern applications for large computing such as Amazon Web Service and Microsoft Azure.
After being acquired by F5 Networks, Nginx ensures that their applications and software will be safer and offer better performance by breaking down server traffic bottlenecks.
Staying with the Nginx Brand CEO and President of F5 Networks, Francois Locoh-Donou, praised Nginx as a leader in software application and API management solutions. He also appreciated the credibility of the Nginx brand and its large open source user base.
Nginx will continue to use its brand, including settling in its headquarters in San Francisco. This acquisition will integrate security application monitoring tools owned by F5 Networks.
Before being acquired, Nginx was able to obtain funding from several investors, including Goldman Sachs, Telstra Ventures, and New Enterprise Associates with a total funding of 103 million US dollars (around Rp 1.4 trillion).
However, it is not known how much the valuation value of this company is quoted by Business Insider.
F5 Networks is a big competitor of Nginx that specializes in providing network technology or Application Delivery Networking (ADN), providing servers, power storage devices, and cloud services.
The valuation value of F5 Networks on the open market is 9.6 billion US dollars (Rp. 137 trillion). The company will acquire all Nginx shares with a value of US $ 670 million (Rp9.5 trillion).
That way, Nginx CEO, Gus Robertson and co-founder, Igor Sysoev and Maxim Konovalov will become employees of F5 Networks after the acquisition process is completed. A little bit about Nginx, this startup is not a big software company.
But, the Nginx web server is number three, the most widely used in the world, stalking behind Microsoft and Apache, and surpassing Google.
More than half of the busiest websites in the world, including those of McDonald's and Starbucks, rely on the Nginx server.
Last year, Robertson boasted that Nginx's business growth had surged 100 percent year-on-year since 2014.
The core of the Nginx web server is open source, meaning that anyone can download and use the code they want.
Nginx has made a premium service called Nginx Plus that can help developers create modern applications for large computing such as Amazon Web Service and Microsoft Azure.
After being acquired by F5 Networks, Nginx ensures that their applications and software will be safer and offer better performance by breaking down server traffic bottlenecks.
Staying with the Nginx Brand CEO and President of F5 Networks, Francois Locoh-Donou, praised Nginx as a leader in software application and API management solutions. He also appreciated the credibility of the Nginx brand and its large open source user base.
Nginx will continue to use its brand, including settling in its headquarters in San Francisco. This acquisition will integrate security application monitoring tools owned by F5 Networks.
Before being acquired, Nginx was able to obtain funding from several investors, including Goldman Sachs, Telstra Ventures, and New Enterprise Associates with a total funding of 103 million US dollars (around Rp 1.4 trillion).
However, it is not known how much the valuation value of this company is quoted by Business Insider.
Beginning of the Acquisition Plan
Before being officially acquired, Robertson said that there was a previous business chat with F5 Networks.
This conversation continued into a special dinner with Locoh-Donou until finally the word acquisition.
"We feel there is a lot of synergy," said Robertson who also praised the 25,000 F5 Networks customer base.
Locoh-Donou, on the other hand said that this acquisition will drive the F5 Networks business from the data center to the clolud service that Nginx currently has.
The goal is to provide services to consumers to manage their applications, wherever they are, whether through their own server, cloud, or even between many clouds.
"At present there are no companies offering application services in this environment," Locoh-Donou said.
By acquiring Nginx, F5 Networks not only has access to the company but also wants to build an open-source community. Locoh-Donou urges Nginx customers not to worry about F5 Network intervention.
"Almost everything done by Nginx is beneficial for F5 Networks," Locoh-Donou concluded.