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FFIV
F5 Networks, Inc.

5/24/2012, 1:09 PM ET
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FFIV Market Currents more »
  • 10:29 AM NetApp's poor guidance is hurting both storage-related names and infrastructure vendors seen as having strong cloud/virtualization exposure, as fears of an IT spending slowdown grow. Also, while the Street is pleased overall with H-P's results, the poor showings from its server business and Autonomy enterprise search unit might not be going over well. EMC -4.1%. STEC -3.8%. BRCD -2.8%. CVLT -4.9%. FFIV -5.5%. VMW -4.5%. CTXS -3.9%.
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  • Tuesday 6:58 PM The application delivery controller (ADC) market grew 5% Q/Q in seasonally weak Q1, according to Dell'Oro. Especially positive for market leader F5 (FFIV) is Dell O'ro's estimate that sales of physical high-end ADCs - a market F5 dominates - rose 14%. Less positive is the fact the budding market for virtual (i.e. software-based) ADCs grew 167% - while F5 sells virtual ADCs, they risk cannibalizing hardware sales. Citrix Systems (CTXS) and Cisco (CSCO) also participate in the ADC market. (previous)
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Company Description

F5 Networks is a leading provider of technology that optimizes the delivery of network-based applications and the security, performance and availability of servers, data storage devices and other network resources.

Founded in 1996, F5 pioneered load-balancing technology that distributes... More

Sector: Technology
Industry: Application Software
Country: United States