F5 Network Leads the Industry with its No. 1 Market Share Position for
Layer 4-7 Ethernet Fixed Switches
Broad market adoption of F5's BIG-IP(R) v9 product fuels F5's unmatched revenue and market share growth in the Layer 4-7 Fixed and
Total Ethernet Switch Markets
SEATTLE--(BUSINESS WIRE)--May 24, 2005--F5 Networks, Inc. (NASDAQ:FFIV), the global leader in Application Traffic Management, announced today that it has extended its No. 1 market share lead for the Layer 4-7 (L4-7) Fixed(1) Ethernet Switch market. In the first calendar quarter of 2005, the BIG-IP product's market share jumped nearly four percent over the previous quarter, from 40.2% to 44.1%, according to the latest Dell'Oro Group Report(2). F5's BIG-IP product has continued to achieve record revenue growth and the highest market share of any product in the L4-7 Fixed Switch market.
In the first quarter of 2005, F5's BIG-IP product revenue jumped 22.4% over the previous quarter (CYQ4 2004). Furthermore, from CYQ1 2004 to CYQ1 2005, F5's market share increased nearly 12% in the
Total(3) L4-7 Switch market.
"Our aggressive market share growth reflects broad customer awareness and adoption of F5's BIG-IP v9 product," said Erik Giesa, Vice-President of Product Management and Marketing at F5 Networks. "F5 introduced its next generation BIG-IP product running on the Traffic Management Operating System (TM/OS) last September and the market has quickly recognized the compelling ROI, outstanding performance, and extensive functionality delivered by this solution."
(1) Layer 4-7 Fixed Server Load Balancing (SLB) definition: Switches specially designed to switch network or Internet traffic optimally between a group of servers and must load balance traffic based on L4/L7 information (e.g. TCP port, URL, Cookie). Load balancing functionality must be native to the switch.
(2) Source: Dell'Oro Group CY Q1 2005 Market Share Report (Layer
4-7) Switched Ethernet Server Load Balancing Report, May 16, 2005.
(3) Dell'Oro includes Modular and Fixed switches in its definition of the 'Total' Switch Ethernet L4-7 Server Load Balancing market. |
