Fastly, Inc. (NYSE: FSLY), a San Francisco, CA-based edge cloud network provider, acquired Fanout, a Mountain View, CA-based platform to build and scale real-time and streaming APIs such as live chat support, ecommerce, video streaming, gaming, collaborative editing, and more.
The amount of the deal was not disclosed.
The acquisition is part of Fastly’s broader growth strategy to identify and deploy technologies and talent that increase performance, security and innovation for customers. The integration of Fanout technology into Fastly’s network will help enable real-time app development at the edge with increased time-to-market and scale.
Fanout will help Fastly to:
- Deliver real-time development that is transport agnostic.
- Allow customers to use their existing HTTP origin instead of maintaining a complicated WebSocket or other push protocol messaging infrastructure dedicated solely to real-time app development
- Streamline workflows efficiently and free developers to build the best possible experience for their users without having to worry about the complexities of real-time protocols.
Fastly plans to integrate the Fanout proxy into its Compute@Edge serverless offering, enabling developers to build fully interactive real-time applications securely and at-scale within its edge network.
Led by Joshua Bixby, CEO, Fastly combines a global edge cloud network with software to enable customers to develop, deliver, and secure modern distributed applications and compelling digital experiences. Customers include many of the world’s most prominent companies, including Pinterest, The New York Times, and GitHub.
FinSMEs
01/04/2022