Volterra

Volterra founded in 2017 develops the distributed cloud platform for deployment, connection, protection and applications launch and data in multicloud and peripheral environments. The company carries the product to the peripheral calculations provided in service quality (edge-as-a-service).

History

2021: F5 Networks purchased Volterra for $0.5 billion

At the beginning of January, 2021 F5 Networks announced acquisition of Volterra for $500 million. The buyer will pay the most part of this amount ($440 million) with own means, and the remained share ($60 million) — the actions. It is going to close the transaction in the first quarter 2021.

The Volterra platform helps the DevOps and NetOps teams to solve the problems connected with operation, security and performance of systems if applications and data are distributed in cloud or peripheral environments. In particular, DevOps developers have an opportunity of the simplified management of big sets of applications, and supporters of NetOps thanks to Volterra technologies can simplify network interaction between applications and security in cloud infrastructure.

F5 Networks purchased Volterra for $0.5 billion

The founder and the CEO of Volterra Ankur Singla considers that in the near future the role of microservices in application development will increase. According to him, sharply increased distribution of Kubernetes and some other factors cause growth of popularity of microservices in 2020 and further.

Microservices are a part of Kubernetes DNA. It is the main method of development and deployment of applications when using Kubernetes — he says. — Due to Kubernetes distribution technical players release tool kits and open code systems which solve problems of microservices and eventually allow other organizations to apply them properly.[1]

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