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Last $120.44 USD
Change Today +0.18 / 0.15%
Volume 470.4K
As of 8:10 PM 07/2/15 All times are local (Market data is delayed by at least 15 minutes).

f5 networks inc (FFIV) Key Developments

F5 Networks, Inc. Launches New Cloud-Delivered Managed Service in EMEA

F5 Networks, Inc. has launched a new cloud-delivered managed service in EMEA to defend against web application attacks and ensure compliance across dynamic cloud and data center environments. Announced at F5 EMEA's Agility 2015 conference in Edinburgh, the Silverline Web Application Firewall service offering provides quick web application firewall (WAF) implementation and unified, scalable policy enforcement capabilities. The service also includes 24x7 support from highly specialised F5 security experts with the company's Security Operations Center (SOC) resources. As the latest addition to F5's Silverline cloud-based application services platform, the new WAF offering is built on the capabilities of the company's BIG-IP Application Security Manager product. F5 seamlessly provides WAF services in both on-premises and subscription-based cloud offerings. The company's versatile, easy to deploy WAF solutions let organizations confidently incorporate cloud resources while protecting apps and data from increasingly sophisticated security attacks, risks, and vulnerabilities. Along with on-premises application protection, F5 now enables WAF functionality through an "as a Service" model to make it easy for organizations to quickly bolster their defenses. Advantages of the new Silverline WAF service include: Increased Speed and Effectiveness for Reliable WAF Deployments; Streamlined Operations for Reduced Costs; and Consolidated Security Functions for Added Peace of Mind. The new WAF offering protects applications by capitalizing on F5's security capabilities, demonstrated in independent performance testing from NSS Labs. F5 is able to leverage its proven security efficacy to protect against advanced layer 7 attacks (such as those based on geolocation, DDoS, SQL injection, zero-day threats, AJAX applications, JSON payloads, OWASP Top Ten, and others) in a convenient, cloud-based service. In addition, F5's WAF solutions offer automated, self-learning capabilities in a highly customizable framework that takes advantage of programmable iRules and iApps technologies to rapidly respond and adapt to evolving threats. Silverline WAF decreases operational expenses by outsourcing WAF policy management and compliance functions to F5's highly specialised SOC resources. F5's SOC experts are available 24x7 to build, configure, and fine-tune security policies. This approach helps eliminate false positives while protecting applications and data from known and emerging threats. In addition, F5's proactive monitoring incorporates external intelligence to secure apps against IP threats. The service also provides access reports through a customer portal, giving organizations additional data to reference in making IT security decisions. F5's service frees in-house personnel and budget for other projects by removing operational burdens without sacrificing overall application security. With its integrated Silverline offerings, F5 provides a growing number of hybrid, on-premises, and cloud-delivered application security solutions, including focused solutions around WAF, DDoS Protection, IP Intelligence, and Secure Web Gateway Services. Looking forward, F5 will offer additional services from its BIG-IP product portfolio through the Silverline platform, giving customers freedom and flexibility in how they combine owned, hosted, and managed IT resources. In the context of broader infrastructures, customers will also be able to centralise policy control and orchestration capabilities through APIs and future integrations with F5 management solutions. Cloud architectures, mobile devices, and SaaS applications have untethered the traditional IT network, increasing the complexity of application security. F5's Silverline platform gives their customers new ways to deploy cloud-delivered and hybrid services to realize performance gains and efficiencies. With respect to WAF and related security functions, in-house experts can be challenging to hire and expensive to keep.

F5 Networks, Inc. Presents at William Blair’s 35th Annual Growth Stock Conference, Jun-11-2015 08:40 AM

F5 Networks, Inc. Presents at William Blair’s 35th Annual Growth Stock Conference, Jun-11-2015 08:40 AM. Venue: Four Seasons Hotel, Chicago, Illinois, United States. Speakers: Andy Reinland, Chief Finance Officer and Executive Vice President, Julian Eames, EVP of Business Operations.

F5 Networks Appoints Kristen Roby Dimlow as New Executive Vice President of Human Resources

F5 Networks appointed Kristen Roby Dimlow to lead its global Human Resources organization. As an Executive Vice President, reporting to the CEO, Roby Dimlow is responsible for overseeing the company s human capital management strategy, partnering with business leaders around the world to develop talent and to foster a culture of collaboration and innovation that will drive sustainable business growth. Roby Dimlow brings nearly 30 years of experience in global business, human resources, staffing, finance, strategy, planning, operations, and project management. Prior to joining F5, she worked at Microsoft for 18 years, most recently as the Human Resources General Manager for the Microsoft Devices Group. Before this role, she held a number of Microsoft HR leadership roles including responsibility for the Online Services Division, the Platforms and Services Division, Windows and Core Operating Systems Divisions and led Microsoft s University Staffing function. While at Microsoft, Roby Dimlow also held finance leadership roles, including: Senior Director Xbox Finance, Windows Client & Server Controller, and Office Controller. Before joining Microsoft, Roby Dimlow worked for nine years at the Walt Disney Studios, most recently as Vice President of Finance for the Disney TeleVentures group.

F5 Networks Seeks Acquisitions

F5 Networks, Inc. (NasdaqGS:FFIV) is seeking acquisitions. Manny Rivelo, F5's Executive Vice President Strategic Solutions, said "Historically, we make acquisitions that have been technology tuck-ins for lack of a better word. The most recent one was Defense.Net, which became the beachhead for our Silverline service offering and our anti-DDoS service. But we've had a lots of acquisitions in that space that tend to be small within our financial model. As a result of that, we can absorb them and we can make it part of our platform. That's the preferred path, but that does not mean we won't look at large acquisitions and medium-sized acquisitions, we look at those."

F5 Networks Announces Management Changes

F5 Networks announced that Manny Rivelo has been named the company's president and CEO, and a member of board of directors effective from July 1, 2015. Previously, Rivelo served as F5's executive vice president, Strategic Solutions. He succeeds longtime CEO, John McAdam, who assumes the role of board chairman upon his retirement on July 1, 2015. The company also revealed that Al Higginson, who has been on the company’s board of directors since 1996 and served as board chairman since 2004, will remain on the company’s board as lead independent director, also effective July 1, 2015. Prior to joining F5 in October 2011, Rivelo was senior vice president, Engineering Systems and Operations, Cisco Systems Inc.


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