The meaning of Nginx and F5

F5 Networks took a dive yesterday after the company announced it was acquiring open-source web server NGINX. While media coverage of the deal was largely positive, the public markets appeared much more skeptical, as F5 stock finished the day down nearly 8%.
As most analyses noted, the logic behind the deal is clear. F5’s existing markets have continued to dry up, with just low single digit expansion expected year-over-year. On top of NGINX being one of the most widely used web servers in t