Nginix is getting gobbled up by F5 Networks, in a deal valued at $670 million.
Well over half of the busiest websites in the world, including ones operated by McDonalds and Starbucks, rely on Nginix. Last year,that its business had seen 100% year-over-year growth every year since 2014, with companies coming to Nginx to help make their websites load faster and more efficiently.
The core Nginix web server is available as open source, meaning that anybody can download and use the code as they wish. In recent years, Nginx's main push to build the business has been Nginx Plus, a paid premium service that helps developers build modern applications for mega-clouds like Amazon Web Services and Microsoft Azure.F5 helps companies make sure that their apps and software are both highly secure and highly performant, assisting with spotting and solving bottlenecks.
François Locoh-Donou, CEO and President of F5 Networks, praises Nginix for its"leading software application delivery and API management solutions," as well as its"unparalleled credibility and brand recognition" and"massive open source user base" as factors that dovetail nicely with its business. The Nginx brand will stick around, as will its headquarters in San Francisco, though plans are underway to introduce integrations with F5's other security and application monitoring tools, says the release. Robertson will report directly to Locoh-Donou as part of F5's senior leadership team following the close.
In its lifespan, Nginx had raised $103 million from investors including Goldman Sachs, Telstra Ventures, and New Enterprise Associates, though we don't know the company's most recent private valuation.
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