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F5

Tech Moves: Former Sprint CEO rejoins F5 board; Flexport engineering exec departs; and more

by Nate Bek on October 6, 2023October 6, 2023 at 1:40 pm

— Michel Combes, a longtime telecommunications and finance executive, rejoined F5’s board of directors. He previously stepped down from the board in 2021 after serving for about three years. Combes… Read More

Tech Moves: Ex-Microsoft president joins Google Cloud as VP; iSpot hires research chief; and more

by Nate Bek on July 27, 2023July 27, 2023 at 5:17 pm

— James Phillips, a former corporate vice president and president at Microsoft, joined Google Cloud as a vice president. Phillips left Microsoft last year after spending a decade at the… Read More

News Brief

F5 stock spikes 8% after earnings; CEO cites ‘early signs of demand stabilization’

by Taylor Soper on July 24, 2023July 24, 2023 at 3:45 pm

Shares of F5 were up more than 8% in after-hours trading Monday after the Seattle-based company application security and delivery giant reported its fiscal third quarter earnings.

F5 seattle

F5 lays off 623 employees, plans office consolidation to cut more costs

by Taylor Soper on April 19, 2023April 19, 2023 at 6:51 pm

F5 is cutting 9% of its workforce as the application security and delivery giant navigates macroeconomic uncertainty. The layoffs impact 623 workers. F5 is also reducing executive bonuses, consolidating more… Read More

News Brief

F5 to acquire computer networking startup Lilac Cloud

by Taylor Soper on January 24, 2023January 24, 2023 at 1:39 pm

Seattle application security and delivery giant F5 will acquire Lilac Cloud, a small computer networking startup based in Silicon Valley. F5 made the announcement as part of its quarterly earnings… Read More

Podcast

Inside the battle against bad bots: Why F5’s CEO believes good technology can ultimately prevail

by Todd Bishop on December 3, 2022December 6, 2022 at 9:40 am

For anyone reading the news about Ticketmaster and Taylor Swift, or Twitter and Elon Musk, the problem of malicious bots might seem insurmountable. These automated programs can snap up concert… Read More

F5 cutting about 100 jobs due to ‘current macroeconomic environment’

by Kurt Schlosser on October 21, 2022November 18, 2022 at 9:56 am

Seattle-based application security and delivery giant F5 is the latest tech company to lay off employees. The company confirmed Friday that it’s cutting about 100 roles, or about 1% of… Read More

Tech Moves: F5 adds cybersecurity vet to board; Icertis hires chief strategy officer; and more

by Charlotte Schubert on October 11, 2022October 11, 2022 at 10:26 am

— Marianne Budnik joined the board of directors of Seattle-based application security and delivery giant F5. Budnik is currently chief marketing officer for Talon Cyber Security, and held the same… Read More

News Brief

F5 shares up more than 14% after earnings beat expectations

by Taylor Soper on July 25, 2022July 25, 2022 at 1:59 pm

Seattle application security and delivery giant F5 beat expectations for its third fiscal quarter, reporting $674 million in revenue, up 4% year-over-year, and non-GAAP earnings per share of $2.57, slightly… Read More

Vote for Workplace of the Year at the GeekWire Awards: Edifecs, Icertis, F5, Flyhomes, Uplevel

by Julie Emory on April 6, 2022April 6, 2022 at 7:49 am

Happiness at the job isn’t just kombucha on tap and trendy lounges. For the past two years, companies have balanced concerns with COVID-19 and integrating workers back into offices. The… Read More

F5 combines technology from big acquisitions into new Distributed Cloud Services platform

by Todd Bishop on February 15, 2022February 15, 2022 at 5:51 am

F5 is looking to expand its role in global application security and delivery with a new platform that integrates its homegrown software and services with those scooped up in a… Read More

Tech Moves: Life Science Washington names new CEO; AWS exec departs; Vizio CTO retires

by Cara Kuhlman on January 11, 2022January 11, 2022 at 9:54 am

— Life Science Washington announced Marc Cummings as its new CEO and president. He was most recently the trade association’s VP of public policy and external affairs. Former CEO Leslie… Read More

F5 refreshes brand by dropping ‘Networks’ from name, marking ‘huge change’ in its business

by Todd Bishop on November 19, 2021November 19, 2021 at 1:48 pm

F5 Networks will be just F5 from now on. The Seattle-based company, which originally made its mark in networking technology, said this week that it’s dropping the “Networks” from its… Read More

Video

Are tech employees coming back to downtown Seattle? Here’s what companies are planning for

by Mike Lewis on June 1, 2021June 1, 2021 at 4:04 pm

The plywood is coming down, restaurants that survived are adding hours and vehicle traffic in Seattle is growing from the ghost-town levels of one year ago. But as downtown, Belltown,… Read More

F5 Networks posts 10% revenue increase, completes $500M Volterra acquisition

by Todd Bishop on January 26, 2021January 26, 2021 at 5:40 pm

F5 Networks, the Seattle-based application security and delivery company, posted revenue of $626 million for the December quarter, up 10%, and profits of $87.7 million, down 11%, as the company… Read More

Shares of F5 Networks jump 5% as focus on cloud software and services continues to fuel growth

by Taylor Soper on October 26, 2020October 26, 2020 at 2:25 pm

Seattle-based F5 Networks saw shares rise more than 5% in after-hours trading Monday after its fiscal fourth quarter earnings report beat expectations. The company posted revenue of $615 million, up… Read More

Tech Moves: GE Healthcare exec joins Microsoft; Puppet names new CTO; Adaptive Biotech expands

by Cara Kuhlman on April 30, 2020April 30, 2020 at 9:17 am

— Microsoft named former GE executive Tom McGuinness corporate vice president of healthcare. At GE, McGuinness was president and CEO of GE Healthcare Imaging which offers imaging technologies, analytics and… Read More

Tech Moves: Amazon ad exec departs; PwC Labs hires director; AI2 names entrepreneur-in-residence

by Cara Kuhlman on January 21, 2020January 22, 2020 at 8:05 pm

— PwC Labs, the multinational firm’s technology innovation group, is growing its team in Seattle. Jill Beck, previously a senior technical product manager at Payscale, has joined as director. “I… Read More

News Brief

F5 Tower and new Amazon building sold in $1.2B deal as big tech drives Seattle real estate boom

by Nat Levy on December 26, 2019December 26, 2019 at 5:15 am

Big real estate companies are paying top dollar to get their hands on brand new office buildings in Seattle leased to tech titans. The latest example in that trend came… Read More

F5 Networks will acquire Shape Security for $1 billion to bolster online fraud protection services

by Taylor Soper on December 19, 2019December 19, 2019 at 4:17 pm

F5 Networks will pay approximately $1 billion to acquire Shape Security, a Santa Clara, Calif.-based company that sells a fraud prevention platform to banks, airlines, retailers, government agencies, and more.… Read More

F5 Networks and Amazon Web Services team up in cloud partnership of Seattle tech giants

by Nat Levy on October 23, 2019October 24, 2019 at 8:55 am

F5 Networks and Amazon Web Services inked a multi-year cloud deal that will bring together the sales teams from the two Seattle tech giants and open the door for future… Read More

F5 Networks reports $563M in Q3 revenue with web server NGINX now under its umbrella

by Nat Levy on July 24, 2019July 24, 2019 at 4:31 pm

In the first quarter with popular web server company NGINX under its umbrella, F5 Networks reported stronger revenue growth but came up short of Wall Street expectations on profits. Revenue:… Read More

Video

Working Geek: F5’s Kara Sprague sees a maddening gulf between tech and government

by Lisa Stiffler on January 10, 2019January 9, 2019 at 1:33 pm

Kara Sprague’s dad was an attorney and her first choice for college was Harvard University, leading to a career in law. But when that offer didn’t come through and a spot… Read More

Working Geek: F5’s security chief Mike Convertino fights weaponized ‘fear, uncertainty and doubt’

by Lisa Stiffler on August 2, 2018August 1, 2018 at 3:36 pm

Mike Convertino was not surprised by Russia’s meddling in the 2016 U.S. election through its weaponization of social media, allowing it to sow fear, uncertainty and doubt among voters. And… Read More

How F5 is preparing for the application explosion: Interview with CEO Francois Locoh-Donou

by Tom Krazit on July 28, 2017July 28, 2017 at 11:26 am

New F5 CEO Francois Locoh-Donou has a big job in front of him. One of Seattle’s most prominent public tech companies, F5 is facing a classic dilemma. Growth in its… Read More

Tech Moves: Institute for Systems Biology names president to replace Lee Hood; Seattle VC moves to Silicon Valley; new F5 CEO gets started

by Clare McGrane on April 3, 2017April 3, 2017 at 3:48 pm

Seventeen years after founding the Institute for Systems Biology (ISB), spurring the creation of systems biology as a field, genomics and biotechnology pioneer Lee Hood is stepping down as its… Read More

Tech Moves: Outreach brings on former Linkedin, T-Mobile and Salesforce execs; Avvo names new VP of sales; and more

by Clare McGrane on November 7, 2016November 7, 2016 at 12:34 pm

It’s been a big year for sales technology startup Outreach — the company raised $17.5 million in new funding in June and has also brought on a slew of notable investors… Read More

F5 Networks beats Q4 earnings expectations with $525M in revenue, names new CTO

by Dan Richman on October 26, 2016October 26, 2016 at 3:17 pm

Shares of Seattle-based network infrastructure and security technology company F5 Networks rose more than 3 percent after beating expectations for its fourth quarter earnings report. F5 reported revenue of $525 million… Read More

F5 Networks retains Goldman Sachs to field acquisition inquiries, report says

by Todd Bishop on June 7, 2016June 7, 2016 at 2:20 pm

F5 Networks, the Seattle-based security technology and network infrastructure company, has retained Goldman Sachs to field potential acquisition offers, according to a Reuters report this afternoon, citing unnamed people familiar with the matter.… Read More

F5 Networks begins search for new office space almost double the size of current HQ

by James Risley on May 4, 2016May 4, 2016 at 1:44 pm

F5 Networks may be feeling a little cramped. The networking technology company headquartered in the Interbay area of Seattle is adding 20,000 square feet of office space this summer, but that… Read More

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