Shares of F5 Networks hammered as revenue targets missed

f5

Shares of F5 Networks are tumbling in after hours trading after the Seattle maker of networking equipment announced that revenues will miss targets for its second fiscal quarter. The company siad that it expects revenues of $350.2 million, below the guidance of $370 million to $380 million. Earnings per share is expected in the range… Read More…

IT Gangnam Style: F5 Networks debuts Gangnam Style parody with tech twist

F5NetworksGangnam

“Time to rock this WAN From Seattle to Japan Time to rock the LAN And cloudburst in Kazakhstan F5 is the key to my, master plan! Master plan”   I know what you’re thinking — not another one of these annoying Gangnam Style remakes. But hold up. Seattle’s F5 Networks just unveiled its own Gangnam… Read More…

Amid ‘cautious spending environment’ revenue growth slows at F5 Networks

f5

F5 Networks said that revenue slowed during its fiscal third quarter amid what CEO John McAdam dubbed a “more cautious spending environment.” Nonetheless, the maker of software and hardware to securely delivery applications over the Internet boosted revenues during the quarter $352.6 million, a 3.8 percent increase over the prior quarter and a 21.3 percent… Read More…

F5 Networks CEO John McAdam: Why Seattle works for his $1 billion company

mcadam-featured200

F5 Networks has been operating in the Seattle area for more than 15 years, quietly building one of the biggest success stories of the tech community. But even though it boasts a market value of $9.25 billion and employs 2,800 worldwide, few people — even those in its home town — really know what F5… Read More…

Chart: Who pays the most in Seattle for software engineers

Photo via Bigstock

Steve Ballmer was right. It’s all about developers, developers, developers these days. In fact, the market is so hot that companies like Amazon.com, Twitter and Facebook are doing “acqui-hires” — like the one today of TeachStreet — just to gobble up key engineering talent. But that’s not really the norm, and most tech companies are… Read More…

Newsmakers 2011: F5′s John McAdam quietly creates a billion dollar business

McAdamTechCenter_cmyk-featured

F5 Networks CEO John McAdam helped guide the company to more than $1 billion in revenue in 2011 Over the past decade, John McAdam has led F5 Networks on one of the more impressive growth paths in the Seattle tech industry. When the former IBM and Sequent Computer executive arrived at the helm in 2000,… Read More…