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Nginx, the web server competing with Apache2, has been purchased for $670 million by a competitor, F5 Networks. F5 Networks is an application services and application delivery networking company. A little less than a year ago, Nginx raised $43 million to fund expansion. Netcraft's February 2019 web server survey shows Nginx hovering at around 20% of all active sites and around a quarter of the busiest sites.
F5 said that it will be merging its own operations with those of NGINX, with current NGINX CEO Gus Robertson and founders Igor Syosev and Maxim Konovalov all joining the company.
More details can be found in the F5 Press Release and in NGINX CEO Gus Robertson's blog which also provides a history of how NGINX came to be.
[Disclaimer: SoylentNews uses NGINX.]
(Score: 2) by Bot on Wednesday March 13 2019, @02:03AM
>These things never turn out well
indeed if 670M get paid for something, more money are expected to be made. Problem, it is difficult to make money from something that is cheap, easy to use/integrate and efficient. So one of the aspects must go. Possibly all of them. This way you kill the goose laying golden eggs, but that is irrelevant because you are part of the system, and the system can pay whatever amount of the money it owns to destroy things that don't make them money. Balance is not an issue. The system is not interested in making money, is interested in maximising the amount of control had by money.
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