Edge cloud platform provider Fastly acquires Signal Sciences

KUALA LUMPUR, Oct 2 -- Fastly Inc, an edge cloud platform provider has successfully completed the Signal Sciences acquisition.

The transaction combines Signal Sciences’ powerful web application and API security solutions with Fastly’s edge cloud platform and existing security offerings, forming a unified suite of modern security tools.

This robust new security portfolio, designed for the way developers work, unlocks innovation at the edge and removes silos between developers, operations and security teams to shorten development cycles and protect websites and web applications alike.

“Together with Signal Sciences, we will deliver a web application and API security portfolio that will power and protect companies as they navigate and accelerate their digital transformation journeys,” said Fastly Chief Executive Officer, Joshua Bixby in a statement.

“We’re thrilled to continue to deliver solutions that DevOps teams love in their pursuit of building the next wave of great digital experiences.”

Morgan Stanley & Co LLC and Union Square Advisors acted as financial advisers to Fastly, while Cooley LLP acted as its legal adviser with regard to the transaction.

Meanwhile, Qatalyst Partners acted as financial adviser to Signal Sciences, with Goodwin Procter LLP as legal adviser.

-- BERNAMA