Public | |
Traded as |
NASDAQ: FFIV S&P 500 Component |
Industry | Technology |
Predecessor | F5 Labs |
Founded | February 26, 1996 |
Headquarters | Seattle, Washington, United States |
Key people
|
John McAdam (President and CEO) |
Products | Networking |
Revenue |
|
|
|
|
|
Total assets |
|
Total equity |
|
Number of employees
|
4,460 (2017) |
Website | www |
F5 Networks, Inc. is an American-based company that specializes in application delivery networking (ADN) technology for the delivery of web applications and the security, performance, availability of servers, data storage devices, and other network and cloud resources. F5 is headquartered in Seattle, Washington, and has other development, manufacturing, and sales/marketing offices. F5 originally manufactured and sold some early load balancing products.
Today, F5 offers products and services in application delivery, security, and cloud-focused markets.
F5 Networks, originally named F5 Labs, was established in 1996. The company name was inspired by the 1996 movie Twister, in which reference was made to the fastest and most powerful tornado on the Fujita Scale: F5.
F5's first product was a load balancer called BIG-IP. When a server went down or became overloaded, BIG-IP directed traffic away from that server to other servers that could handle the load. In June 1999, the company had its initial public offering and was listed on the NASDAQ stock exchange with symbol FFIV.
In 2010 and 2011, F5 Networks was on Fortune's list of 100 Fastest-Growing Companies. The company was also rated one of the top ten best-performing stocks by S&P 500 in 2010. F5 was also named a Best Place to Work by online jobs and recruiting site Glassdoor in 2015 and 2016.
Competitors included Cisco Systems, Citrix Systems, and Radware.
François Locoh-Donou will take over as president and CEO on April 3, 2017.>
F5's BIG-IP product family comprises purpose-built hardware, modularized software, and virtualized solutions that run the F5 TMOS operating system. Depending on the appliance selected, one or more BIG-IP product modules can be added to a BIG-IP device to deliver multiple networking functions on a single, unified platform.
Notable products include:
On September 7, 2004, F5 Networks released version 9.0 of the BIG-IP software in addition to a new collection of BIG-IP appliances on which customers could run said software. Version 9.0 also marked the introduction of the company’s TMOS architecture, with significant enhancements including: