Fastly Closes Signal Sciences Deal
October 6, 2020
has successfully completed the acquisition of Signal Sciences. The transaction
combines Signal Sciences’ powerful web application and API security solutions
with Fastly’s edge cloud platform and existing security offerings to form 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.
are excited to close this transaction and welcome the talented team at Signal
Sciences to Fastly,” said Joshua Bixby, Chief Executive Officer of Fastly. “Our
companies are similarly focused on giving developers more control and visibility
by designing offerings that embrace modern DevOps practices. 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. We’re thrilled to continue to deliver solutions
that DevOps teams love in their pursuit of building the next wave of great
Morgan Stanley & Co. LLC and Union Square Advisors acted as financial
advisors to Fastly, and Cooley LLP acted as its legal advisor with regard to the
transaction. Qatalyst Partners acted as financial advisor to Signal Sciences,
while Goodwin Procter LLP acted as its legal adviser.