O'Reilly's OATV vehicle will exit web cybersecurity software provider in a deal consisting of $200m in cash and $575m of Fastly stock.
Edge computing platform provider Fastly agreed yesterday to purchase US-based web cybersecurity technology developer Signal Sciences in a $775m cash-and-stock transaction that will allow media company O’Reilly to exit.
The deal is made up of $200m in cash and $575m in shares of Fastly, which has a current market capitalisation of roughly $9.7bn. The company had raised approximately $62m since being founded in 2014.
Signal Sciences is the creator of a programmable cybersecurity product designed to protect web applications. Its…
