f5 networks inc (FFIV) Details
F5 Networks, Inc. provides application delivery networking technology that secures and optimizes the delivery of network-based applications, and the security, performance, and availability of servers and other network resources. It offers Local Traffic Manager, which provides intelligent load-balancing and traffic management; Global Traffic Manager that automatically directs users to the closest or best-performing data center; Access Policy Manager, which provides secure, granular, and context-aware control of access to applications; and Application Security Manager, an application firewall. The company also provides Link Controller that monitors the health and availability of each connection in organizations with more than one Internet service provider; WAN Optimization Manager, which integrates application delivery with WAN optimization technologies; WebAccelerator that speeds Web transactions by optimizing individual network object requests, connections, and end-to-end transactions from browser to databases; and Message Security, which extends security for message applications to the edge of the corporate network and eliminates unwanted e-mail. In addition, it offers BIG-IP and VIPRION application delivery controllers; Edge Gateway, a remote access product that provides context-aware, policy controlled, and remote access to applications at LAN speed; Enterprise Manager, which allows customers to discover and view its products in a single window; Traffix Signaling Delivery Controller for diameter signaling and routing; and ARX product family, a series of high performance and enterprise-class intelligent file virtualization devices. The company sells its products to enterprise customers and service providers through various channels, including distributors, value-added resellers, and systems integrators in the Americas, the Middle East, Africa, Japan, and the Asia Pacific. F5 Networks, Inc. was founded in 1996 and is headquartered in Seattle, Washington.
Last Reported Date: 05/9/13
Founded in 1996
f5 networks inc (FFIV) Top Compensated Officers
Chief Executive Officer, President and Execut...
Total Annual Compensation: $796.7K
Executive Vice President of Business Operatio...
Total Annual Compensation: $356.4K
Chief Technology Officer and Executive Vice P...
Total Annual Compensation: $479.6K
Executive Vice President of Strategic Solutio...
Total Annual Compensation: $347.1K
Chief Compliance Officer and Senior Vice Pres...
Total Annual Compensation: $307.4K
Compensation as of Fiscal Year 2012.
F5 Networks, Inc. Announces BIG-IQ(TM) Cloud
Apr 30 13
F5 Networks, Inc. announced BIG-IQ(TM) Cloud, a new software-based management solution that enables customers to deploy application delivery and network services in a consistent, fast, and repeatable manner across public and private clouds, traditional data centers, and hybrid environments. With an extensible, modular architecture, BIG-IQ offers an intelligent framework that centralizes management of the application control plane to provide intuitive, flexible, and scalable management capabilities for the F5 BIG-IP(R) product family. This solution is a key milestone in supporting F5's goals of delivering application-layer SDN services and bringing superior application intelligence and programmability to software defined data centers. BIG-IQ(TM) Cloud represents a unique approach in addressing these challenges as organizations integrate their application architectures with emerging cloud solutions. By leveraging the rich application intelligence and visibility inherent in F5's market-leading BIG-IP(R) solutions, BIG-IQ Cloud extends valuable services and control capabilities to the management plane. Key capabilities of BIG-IQ Cloud include orchestrated application delivery and network services; self-service and automated service provisioning capabilities and multi-tenant self-service portal for health monitoring. Taken together, these capabilities provide enterprise customers and cloud providers with a single, consistent, and actionable view of application delivery and network services, regardless of where these services are implemented. As a result, organizations can simplify IT operations and considerably reduce the amount of time needed to tailor their application delivery systems for the cloud. Customers realize improved productivity with smoother application deployments, simplified management, and a reduction of manual tasks--which in turn lessens the chance of potentially costly configuration errors. BIG-IQ Cloud is generally available from April 30, 2013.
F5 Networks, Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended March 31, 2013; Provides Earnings Guidance for the Third Quarter Ending June 30, 2013
Apr 24 13
F5 Networks, Inc. announced unaudited consolidated earnings results for the second quarter and six months ended March 31, 2013. For the quarter, the company’s net revenue was $350,232,000 compared to $339,622,000 for the same period a year ago. Income from operations was $92,476,000 compared to $104,680,000 for the same period a year ago. Income before income taxes was $94,594,000 compared to $106,108,000 for the same period a year ago. Net income was $63,412,000 or $0.81 per diluted share compared to $68,641,000 or $0.87 per diluted share for the same period a year ago. Net income excluding stock-based compensation and amortization of purchased intangible assets (non-GAAP) was $84,742,000 or $1.07 per diluted share compared to $87,111,000 or $1.09 per diluted share for the same period a year ago.
For the six months, the company’s net revenue was $715,683,000 compared to $662,054,000 for the same period a year ago. Income from operations was $201,560,000 compared to $204,469,000 for the same period a year ago. Income before income taxes was $205,228,000 compared to $207,758,000 for the same period a year ago. Net income was $132,905,000 or $1.68 per diluted share compared to $135,133,000 or $1.69 per diluted share for the same period a year ago. Net income excluding stock-based compensation and amortization of purchased intangible assets (non-GAAP) was $175,365,000 or $2.21 per diluted share compared to $169,351,000 or $2.12 per diluted share for the same period a year ago. Net cash provided by operating activities was $225,468,000 compared to $233,483,000 for the same period a year ago. Purchases of property and equipment were $14,769,000 compared to $12,818,000 for the same period a year ago.
For the third quarter ending June 30, 2013, the company expected a net income $63.0 million or $0.80 per diluted share to $65.4 million or $0.83 per diluted share. Non-GAAP net income excluding stock-based compensation expense and amortization of purchased intangible assets was $83.8 million or $1.06 per Non-GAAP diluted share to $86.2 million or $1.09 per Non-GAAP diluted share. Amortization of purchased intangible assets is expected to be $1.0 million.
Sandra Bergeron and Steve Smith Join F5 Networks as Board Members
Apr 19 13
Albertini Group announced the placement of two new high-profile board members, Sandra Bergeron and Steve Smith, for F5 Networks. Bergeron is a leading technology industry executive with a national reputation as an expert on computer security matters. Smith is Chief Executive Officer, President, and member of the board of directors of Equinix, the global interconnection and data center company. Bergeron currently serves on the board of directors for a number of IT cloud security and data protection providers, specifically Qualys, Inc.; Sophos, Inc.; and TraceSecurity, where she also serves as chairman. Bergeron has previously served on the board of directors for two security management companies, TriCipher and ArcSight, Inc. Smith currently serves on the board of directors of Volterra Semiconductor Corporation, and previously served as a director of 3PAR, Inc. Smith served as Senior Vice President at HP Services, a business segment of Hewlett-Packard Co., from January 2005 to October 2006, before joining Equinix in April 2007.