Radware

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Radware
Type Public (NASDAQRDWR)
Traded as RDWR
Industry Technology
Founded 1997
Headquarters Mahwah, New Jersey Tel Aviv, Israel
Key people CEO: Roy Zisapel
CFO: Meir Moshe
COO: Gabi Malka
Products Application delivery
Network Security
Load balancing
Revenue Increase US$ 193.0 million (2013)
Operating income Increase US$ 17.57 million (2013)
Net income Increase US$ 31.76 million (2012)
Employees 800+
Website www.radware.com
Radware's International headquarters in Ramat HaHayal, Tel Aviv

Radware (NASDAQ: RDWR), is a provider of integrated application delivery / load balancing and application & network security solutions for virtual and cloud data centers. Radware's U.S. headquarters is in Mahwah, New Jersey and its international headquarters is in Tel Aviv, Israel. Radware has over 10,000 enterprise and carrier customers worldwide. Radware is a member of the Rad Group of companies and its shares are traded on NASDAQ.

History[edit]

Radware, a provider of application delivery and security solutions for virtual and cloud data centers, was founded in 1997. [1] Roy Zisapel is the president, CEO and director. In 1999 the company had an initial public offering and was listed on the NASDAQ stock exchange.[2]

Zisapel holds a 3.4 percent stake in the company. His father, Yehuda Zisapel, is the largest shareholder, with a 15 percent stake.[3]

Acquisitions[edit]

In November 2005, Radware acquired V Secure Technologies.[4] In April 2007, Radware acquired Covelight Systems, a provider of web application auditing and monitoring tools based Cary, North Carolina, for $16 USD million.[5] In February 2009 Radware acquired Nortel’s Application Delivery business (Alteon) and now offers them under a merged brand, Radware Alteon. In February 2013, Radware acquired Strangeloop Networks, a leader in Web-Performance Optimization (WPO) solutions for e-commerce and enterprise applications.[6]

Sales markets[edit]

The company markets and sells its products worldwide through an indirect sales channel that includes distributors and resellers located in the Americas, Europe, Middle East, Africa and Asia Pacific. Its customers cover all major industry segments including financial services, insurance, e-Commerce, manufacturing, retail, government, healthcare, education, transportation, services and carriers.[7]

Partners[edit]

Radware partners with application and technology providers such as Blue Coat Systems, ByteMobile, Forum Systems, HP, IBM, InfoSys, SAP AG, Juniper Networks, Microsoft, Oracle Corporation, Riverbed Technology, RSA and VMWare.[8]

See also[edit]

References[edit]

External links[edit]