F5 Networks spends $500m on cloud computing start-up to 'redefine competitive position'

F5 Networks has today announced it will acquire US cloud computing start-up Volterra for $500m (€409.04m). The $11.94bn US software defined application vendor called the move necessary to remain competitive in the edge solutions market. "Current edge solutions are simply inadequate for today's enterprise customers. It's time to break out of closed edge systems that only perpetuate the pain of building, running, and securing apps," F5 Networks CEO François Locoh-Donou said. "With Volterra,...