Athens, Greece – 16 May, 2019 – Pylones Hellas, a provider of advanced IT solutions to medium and large enterprises, with presence for more than 20 years in Greece, Cyprus and the Balkans, announce the commercial release of NGINX products and services, as official F5 Gold Partner, after the acquisition of NGNIX from F5 Networks Inc.
F5 Networks, Inc. and NGINX announced a definitive agreement under which F5 will acquire all issued and outstanding shares of privately held NGINX for a total enterprise value of approximately $670 million, subject to certain adjustments.
Mr. Emmanuel Netos, General Manager of Pylones Hellas, stated about the acquisition: “F5 Acquires NGINX to bridge the divide between NetOps & DevOps, providing customers with consistent application services across every environment”.
F5 will enhance NGINX’s current offerings with F5 security solutions and will integrate F5 cloud-native innovations with NGINX’s software load balancing technology, accelerating F5’s time to market of application services for modern, containerized applications. F5 will also leverage its global sales force, channel infrastructure, and partner ecosystem to scale NGINX selling opportunities to the enterprise.
Mr. George Linardakis, Sales Manager of Pylones Hellas mentioned: “F5 gains depth with solutions designed for DevOps, while NGINX gains breadth with access to tens of thousands of customers and partners”.
NGINX’s thriving open source community is one of the most attractive elements of this combination, and F5 recognizes the trust that the user community has in NGINX’s technology. Open source is a core part of F5’s multi-cloud strategy and a driver for F5’s next phase of innovation. As such, F5 is committed to continued innovation and increasing investment in the NGINX open source project to empower NGINX’s widespread user communities. F5 expects the combination with NGINX will accelerate its product integrations with leading open source projects and will enhance its strong technology partnerships with open source vendors.
“There will be provided, from the app developer to the network engineer to the security specialist— useful tools to ensure their apps are available and secure across every platform, from the enterprise data center to private and public clouds”, noted Mr. Nikos Simos, Technical Manager of Pylones Hellas.
About Pylones Hellas
Pylones Hellas, member of the Cypriot group P.M.Tseriotis Ltd, is active for more than 20 years in the field of digital technologies and internet security. The company combines the services of both IT systems integrator and IT security integrator, consisting a pioneer IT provider for the Greek market. Based on three significant pillars Security, Optimization and High Availability, Pylones Hellas provides cutting-edge technology solutions, on any scale, in multiple demanding sectors such as Telecommunications, Hotels, Financial institutions and companies that base their business on the Internet, while continuing updating its customers’ Information Technology Infrastructure, to provide, in turn, a high level of digital services to their customers. Strategic partners of Pylones Hellas are F5 Networks, HPE, IBM and Microsoft offering numerous solutions in areas such as security, wired and wireless networks, storage, business critical systems, datacenters and cloud.
F5 (NASDAQ: FFIV) gives the world’s largest businesses, service providers, governments, and consumer brands the freedom to securely deliver every app, anywhere—with confidence. F5 delivers cloud and security application services that enable organizations to embrace the infrastructure they choose without sacrificing speed and control. For more information, go to f5.com.
NGINX, Inc. is the company behind the popular open source project trusted by more than 375 million sites. NGINX offers a suite of technologies for developing and delivering modern applications. The NGINX Application Platform enables enterprises undergoing digital transformation to modernize legacy, monolithic applications as well as deliver new, microservices-based applications. Companies like Netflix, Starbucks, and McDonalds rely on NGINX to reduce costs, improve resiliency, and speed innovation. NGINX investors include Blue Cloud Ventures, e.ventures, Goldman Sachs, Index Ventures, MSD Capital, NEA, Runa Capital, and Telstra Ventures.
For more details, please contact:
Mr Alexandros Vafeiadis: Marketing & Communication Office Τel. 210-7483700 | Fax 210-7480196 | E-mail: firstname.lastname@example.org.