Multi-cloud architecture is a common trend today in enterprise tech, where companies use multiple cloud processing and storage networks in a single pyramid.
And this week, the market saw a huge shift when two competitors merged in a big way.
F5 is a major name in multi-cloud application services, including security, and they just acquired Nginx for a whopping $670 million. Now Nginx is itself a specialist in app delivery, that’s been developed largely open source.
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In the last few years, Nginx has actually been positioning itself as a competitor to F5, having last raised $43 million in a funding round led by Goldman Sachs. So the two merging means F5 now has the added capabilities provided by Nginx’s software application delivery and API management.
Nginx isn’t by any means well known, but it does have a massive reach. It’s a startup that secretly runs the Internet, being the third-most widely used web server in the world, behind only Microsoft and Apache.
In fact, it’s behind some of the busiest websites in the world, including those of McDonald’s and Starbucks. It’s also available as open source, meaning that it’s free to download and use as you see fit . At last count, Nginx was responsible for running and maintaining around 375 million websites.
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In recent years, they’ve been switching focus to Nginx Plus, a paid premium service that helps developers build apps for cloud architectures like Amazon Web Services and Microsoft Azure. At the time of acquisition, they had over 1,500 customers paying for added services like load balancing, analytics, and support. So F5 merging their operations with them is a huge deal.
“Nginx and F5 share the same mission and vision. We both believe applications are at the heart of driving digital transformation,”says Nginx CEO Gus Robertson. “And we both believe that an end-to-end application infrastructure-one that spans from code to customer-is needed to deliver apps across a multi-cloud environment.”