F5 is set to acquire CalypsoAI, an AI security platform, for $180 million to enhance its application security capabilities.

Target Information

CalypsoAI is an advanced artificial intelligence security platform, designed to enable enterprises to innovate within a secure framework. The company is recognized for its capability to empower organizations in safeguarding their applications and application programming interfaces through adaptive AI technology. With its headquarters in Dublin, Ireland, CalypsoAI has established itself as a key player in the field of security platforms, focusing on enhancing enterprise capabilities while mitigating risks associated with innovation.

This acquisition will involve F5 acquiring all issued and outstanding shares of CalypsoAI for a total of $180 million, with the transaction primarily financed through cash. The deal is subject to customary closing conditions and is anticipated to conclude in F5’s fourth fiscal quarter of 2025, which ends on September 30, 2025.

Industry Overview

The artificial intelligence security landscape is rapidly evolving, particularly in Ireland, where a burgeoning tech ecosystem has made the country a hub for innovation. Ireland’s strategic location within the European Union,