F5 Networks acquired the assets of privately-held uRoam, a developer of SSL-based remote access solutions, for $25 million in cash. uRoam's line of "FirePass" servers enable secure web-based access to any network application from any remote client-including wireless devices-with no client set-up and no additions or modifications to the back-end resources being accessed. uRoam's largest customer is SAP America. F5 has hired substantially all of uRoam's employees, including core founders, key development and sales personnel. uRoam is based in Sunnyvale, California.
Separately, F5 also announced quarterly revenue and earnings of $29.2 million and $0.05 per share respectively, above management's prior guidance of $27.5 million to $29.0 million and $0.02 to $0.04 per share.
http://www.f5.com
http://www.yroam.com
- uRoam is headed by Skip Glass, who previously served as a venture partner at Lightspeed Venture Partners.
