F5 Networks acquires Swan Labs
Loring Wirbel writes in the EE Times:
F5 Networks Inc., a Seattle-based pioneer in Web load-balancing products, has acquired Swan Labs Corp. in a $43 million cash transaction.
By pulling in new expertise in WAN optimization and application-layer acceleration, F5 has cobbled together a core of expertise similar to that obtained by Juniper Networks in April when it made simultaneous acquisitions of Peribit Networks Inc. and Redline Networks Inc.
Swan Labs was formed just over a year ago when Andrew Foss, former manager of the PIX group at Cisco Systems Inc., garnered $15 million in Series A financing, and added ex-3Com Chairman Eric Benhamou as its board chairman. Swan’s original plan was to offer the NetCelera WAN Optimizer as a standalone product. In December, Swan acquired the assets of Pivia Software Inc. to add application-layer acceleration to its product mix.
In July, Swan combined the NetCelera optimizer with Pivia application acceleration into a product called WANJet. The merged product uses Layer 5 TCP sessions as the basis of its acceleration, but operates on a two-tier data-reduction algorithm. Swan also continued to sell the WebAccelerator.
posted by Fergie @ 9/06/2005 06:39:00 PM
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