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F5, Inc., originally established as "F5 Labs" in 1996. [ citation needed ] In June 1999, F5 went public through an initial public offering, listing on the NASDAQ stock exchange under the ticker symbol "FFIV." [ citation needed ]
F5's modern transition culminated in major expansions into application security and software services, supporting over 23,000 customers globally, including 48 of the Fortune 50 companies, who utilize the platform for hybrid multi-cloud application delivery, zero-trust network access, and API protection.