Fastly Announces Acquisition of Glitch

Rhea-AI Summary

Fastly, Inc. (NYSE: FSLY) has announced its acquisition of Glitch, a developer platform with over 1.8 million users. This acquisition aims to combine Fastly’s edge cloud capabilities with Glitch’s user-friendly environment to accelerate application development. The integration promises a seamless developer experience, enhancing innovation through serverless technologies and a collaborative community. Fastly intends to maintain Glitch's vibrant developer culture while providing additional tools and resources for users, setting the stage for enhanced global application deployment.

Positive

• Acquisition enhances Fastly's application development capabilities by integrating Glitch's user-friendly platform.
• Combining developer ecosystems may result in synergies that foster innovation in application development.
• The integration aims to provide a unified development experience, potentially attracting more developers to Fastly's services.

Negative

• There are inherent risks associated with successfully integrating Glitch into Fastly's existing business operations.
• Potential challenges in maintaining the Glitch community's vibrancy during the integration process may arise.

Acquisition brings together the enterprise-grade scale and performance of Fastly’s edge cloud platform with Glitch’s ease-of-use and speed of application development

SAN FRANCISCO--(BUSINESS WIRE)-- Fastly, Inc. (NYSE: FSLY), the world’s fastest edge cloud platform, today announced it has acquired Glitch, a developer platform where more than 1.8 million developers innovate, create, and share full-stack web apps without having to run the infrastructure or manage tools themselves.

Organizations are gaining significant business advantages by rapidly leveraging the applications their developers have built. As a result, developers need to go from a moment of inspiration to deployed code faster than ever before. Glitch inspires innovation through an easy-to-use development environment, remixable code, and a vibrant community of collaborative developers. Serverless technologies like Fastly’s WebAssembly-based edge platform remove barriers to innovation while natively providing security and performance.

“Fastly was founded by developers, for developers and, together with Glitch, we take an important step forward in making it easier for customers to innovate at a layer in the software stack that they could not access before,” said Artur Bergman, Chief Architect at Fastly. “This acquisition brings together two of the world’s best ecosystems for application development into a single, seamless developer experience to deliver globally performant, secure and reliable applications at scale.”

Once Fastly and Glitch are integrated, developers will be able to leverage a “Yes Code” environment to take devs from Hello World to deploy quickly and at global scale – and increase the breadth of their applications’ use cases with the click of a button. The Glitch team will form a new Developer Experience team within Fastly that will leverage their deep expertise to create a rich repository of tools and resources for users: from remixable starter app templates to blogs, tutorials and talks. In addition, the team will build easier pathways for gathering feedback to help improve Fastly’s suite of offerings.

“At Glitch, we’ve always been about making it as easy as possible to go from an idea to a running app. By teaming up with Fastly, we’re going to be able to give superpowers to our community of millions of coders and creators, and set the stage for them to tap into the huge potential of Fastly’s globally distributed edge platform in the future,” said Anil Dash, CEO of Glitch. “I’m incredibly excited about teaming up with Fastly, and can’t wait to see what developers do with the powerful new tools we’ll be creating together.”

Fastly is committed to keeping the vibrant Glitch community intact, and working with Glitch to further strengthen the platform through deeper technical integrations with Fastly’s technology. Glitch users can continue to collaborate and share code in Glitch’s rich developer community as they do today. To learn more about Fastly’s acquisition of Glitch, read, “Fastly announces acquisition of Glitch: A future of “yes code” at the edge.”

About Fastly

Fastly is upgrading the internet experience to give people and organizations more control, faster content, and more dynamic applications. By combining the world’s fastest global edge cloud network with powerful software, Fastly helps customers develop, deliver, and secure modern distributed applications and compelling digital experiences. Fastly’s customers include many of the world’s most prominent companies, including Pinterest, The New York Times, and GitHub. For more information on our mission and products, visit https://www.fastly.com.

Forward Looking Statements

This press release contains “forward-looking” statements that are based on our beliefs and assumptions and on information currently available to us on the date of this press release. Forward-looking statements may involve known and unknown risks, uncertainties, and other factors that may cause our actual results, performance, or achievements to be materially different from those expressed or implied by the forward-looking statements. These statements include, but are not limited to, the anticipated benefits of the transaction and our ability to successfully integrate Glitch into our business, and the ability of Glitch’s developer environment to bolster our existing offerings to integrate with our platform and bring customers a unified application development solution. Except as required by law, we assume no obligation to update these forward-looking statements publicly or to update the reasons actual results could differ materially from those anticipated in the forward-looking statements, even if new information becomes available in the future. Important factors that could cause our actual results to differ materially are detailed from time to time in the reports Fastly files with the Securities and Exchange Commission (SEC), including in Fastly’s Annual Report on Form 10-K for the fiscal year ended December 31, 2021, and our Quarterly Reports on Form 10-Q. Copies of reports filed with the SEC are posted on Fastly’s website and are available from Fastly without charge.

Source: Fastly, Inc.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220519005406/en/

Media Contact:

press@fastly.com

IR Contact:

Vernon Essi, Jr.

ir@fastly.com

Source: Fastly, Inc.

FAQ

What is the significance of Fastly's acquisition of Glitch?

The acquisition aims to enhance Fastly's application development capabilities, merging two strong developer ecosystems.

How will Fastly's acquisition affect Glitch users?

Glitch users will continue to collaborate in their existing community while gaining access to Fastly's edge cloud resources.

What developer features can we expect from Fastly after acquiring Glitch?

Users can look forward to a 'Yes Code' environment that simplifies deployment and expands the functionality of applications.

When was Fastly's acquisition of Glitch announced?

The acquisition was publicly announced on May 19, 2022.

What are the expected benefits of Fastly's acquisition of Glitch?

Expected benefits include improved application development speed, enhanced security features, and better resource integration.