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Last $125.69 USD
Change Today -1.14 / -0.90%
Volume 1.0M
FFIV On Other Exchanges
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As of 8:10 PM 05/29/15 All times are local (Market data is delayed by at least 15 minutes).

f5 networks inc (FFIV) Key Developments

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.

F5 Networks Appoints Kristen Roby Dimlow to Lead its Global Human Resources Organization

F5 Networks announced the hire of 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. Prior to joining the company, she worked at Microsoft for 18 years, most recently as the Human Resources General Manager for the Microsoft Devices Group.

Cavium, Inc. Announces Collaboration with F5 Networks, Inc. to Integrate its LiquidSecurity Hardware Security Module

Cavium, Inc., has collaborated with F5 Networks, Inc., to integrate its LiquidSecurity hardware security module, or HSM, family with F5's BIG-IP product family. F5's SSL Everywhere reference architecture offers customers a choice depending on their preferences, operational models, and business needs. A primary component of F5's SSL Everywhere solution is key protection; the LiquidSecurity HSM will enable customers to achieve FIPS 140-2 compliance in hybrid deployments with key and certificate protection. The integration simplifies operations, while maintaining secure key protection and flexibility to deliver applications across hybrid environments. LiquidSecurity HSM family provides a FIPS 140-2 level 2 and level 3 partitioned, centralized and elastic key management solution with high transaction/sec performance. It addresses high performance security requirements for private key management and administration while also addressing elastic performance per virtual /network domain for cloud environment.

F5 Networks Introduces Silverline Web Application Firewall Service

F5 Networks, Inc. has introduced the Silverline Web Application Firewall service, a new cloud-delivered managed service to defend against web application attacks and reportedly ensure compliance across dynamic cloud and data center environments. 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 specialized 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 specialized 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 centralize policy control and orchestration capabilities through APIs and future integrations with F5 management solutions.

F5 Networks, Inc. Presents at D.A. Davidson & Co. 7th Annual Technology Forum, May-27-2015 10:45 AM

F5 Networks, Inc. Presents at D.A. Davidson & Co. 7th Annual Technology Forum, May-27-2015 10:45 AM. Venue: Grand Hyatt New York, Park Avenue at Grand Central, New York, NY 10017, United States. Speakers: Andy Reinland, Chief Finance Officer and Executive Vice President, Manuel F. Rivelo, Executive Vice President of Strategic Solutions.

 

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