F5 acquires Shape Security for $1B

F5 got an expensive holiday present today, snagging startup Shape Security for approximately $1 billion. What the networking company gets with a shiny red ribbon is a security product that helps stop automated attacks like credential stuffing. In an article earlier this year, Shape CTO Shuman Ghosemajumder explained what the company does: “We’re an enterprise-focused company that protects the majority of large U.S. Learn more about your ad choices. Visit podcastchoices.com/adchoices