Fastly, Inc. (NYSE: FSLY), a provider of edge cloud platforms , today announced the successful completion of the acquisition of Signal Sciences (“Signal Sciences”). The transaction combines Signal Sciences’ powerful web application and API security solutions with Fastly’s edge cloud platform and existing security solutions to form a unified modern security tool suite. This robust new security product portfolio is designed for the way developers work, enabling innovation at the edge, and removing the barriers between developers, operations and security teams, thereby shortening development cycles and protecting websites and web applications.
Joshua Bixby, CEO of Fastly, said: “We are very excited to be able to conclude this transaction and welcome the talent team from Signal Science to join Fastly. Both of our companies are equally focused on developing solutions that incorporate modern DevOps practices. Providers provide more control and visibility. By joining forces with Signal Science, we can provide a web application and API security product portfolio that allows the company to provide motivation and protection for the company in the process of navigating and accelerating its digital transformation. We are very I am pleased to continue to provide solutions that DevOps teams like as they seek to build the next wave of great digital experiences.”
Morgan Stanley & Co. LLC and Union Square Advisors will serve as Fastly’s financial advisors, while Cooley LLP will serve as legal advisors for the transaction. Qatalyst Partners served as the financial advisor to Signal Sciences, and Goodwin Procter LLP served as its legal advisor.
Fastly helps people better connect with the things they love. Fastly’s edge cloud platform enables customers to process, serve, and protect customer applications as close as possible to the end user (Internet edge), and to create outstanding digital experiences quickly, safely and reliably. Fastly’s platform is designed to utilize modern Internet programming and support agile software development with unparalleled visibility and minimal latency, thereby enabling developers to innovate in terms of efficiency and security. Fastly’s clients include many of the most famous companies in the world, including Vimeo, Pinterest, The New York Times and GitHub.
About Signal Sciences
Signal Sciences is the fastest growing Web application security company in the world. Through award-winning next-generation WAF and RASP solutions, Signal Sciences protects more than 40,000 applications and more than one trillion production requests every month. Signal Sciences’ patented architecture provides comprehensive and scalable threat protection and security visibility for enterprises operating in modern development environments. As pointed out on the Signal Sciences website, Signal Sciences cooperates with many world-renowned companies such as Duo Security, DataDog, Under Armour, Twilio SendGrid and Doordash. Signal Sciences was also named “Forbes’ Next Billion Dollar Startup” and won the 451 Firestarter Award, InfoWorld’s Technology of the Year Award, and the DevOps Excellence Award for Computing DevOps Security Tools. For more information, please visit the Signal Sciences website or follow @Signal Sciences.