Seattle, Washington-based F5, which develops computer network traffic management software, said it expects to absorb a one-time charge of $14m (16 cents per share) related to the purchase of Acopia.
F5 will provide more detail on the impact of those acquisition-related expenses on subsequent quarters during the company’s quarterly conference scheduled to take place on October 24.
Acopia’s CEO Christopher Lynch and other key executives will join F5’s management team.
F5’s CEO John McAdam said that Acopia, which is headquartered in Lowell, Massachusetts, has proven technology that is widely deployed in global enterprises today. Intelligent file virtualization is a natural and important extension to F5’s data center vision.
