NGNIX: F5 decided to buy NGINX after coming within weeks of unveiling a competing cloud application-management product

BY TOM KRAZIT 

APRIL 24, 2019

via GEEKWIRE

(NGINX)

(NGINX)

F5 decided to buy NGINX after coming within weeks of unveiling a competing cloud application-management product

As 2019 began at F5 Networks, the company was working on two separate projects that would change the course of its product strategy: negotiations around its eventual acquisition of NGINX in March, and development of a product called Heylu that would have competed against one of NGINX’s newer products.

A few weeks before the $670 million NGINX deal was unveiled, F5 was scheduling briefings on the parameters of Heylu, a “cloud-native” traffic management, monitoring, and security product that was expected to become generally available this summer. Work on that product continues, F5 Senior Vice President and General Manager of Application Services Kara Sprague confirmed to GeekWire in a recent interview, but it will likely undergo some renovation after F5 decided the opportunity to acquire NGINX and its well-known brand in web serving was too good to pass up, she said.

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