M&A
confidence high
sentiment neutral
materiality 0.55
F5 acquires Threat Stack for $68M; expects immaterial financial impact
F5, INC.
- Purchase consideration of $68 million, financed from balance sheet cash.
- Expected to close in F5's Q1 fiscal 2022 (by Dec 31, 2021).
- Threat Stack to add ~$15M revenue in FY2022; no change to operating margin targets.
- Threat Stack is a cloud security and workload protection provider based in Boston.