Radware

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Radware
Public (NASDAQRDWR)
Traded as RDWR
Industry Technology
Founded 1997; 19 years ago (1997)
Headquarters Mahwah, New Jersey, Shanghai, China, Tel Aviv, Israel
Key people
CEO: Roy Zisapel
CFO: Doron Abramovitch
COO: Gabi Malka
Products Application delivery
Network Security
Load balancing
Revenue Increase US$ 216.57 million (2015)
Increase US$ 18.57 million (2015)
Number of employees
1000+
Website www.radware.com
Radware's International headquarters in Ramat HaHayal, Tel Aviv

Radware (NASDAQ: RDWR) is a provider of load balancing and cybersecurity services for data centers. [1] Headquartered in Tel Aviv, Israel, the company has offices in the U.S. in Mahwah, New Jersey and in Shanghai, China. [2] Radware is a member of the Rad Group of companies and its shares are traded on NASDAQ.[3]

History[edit]

Radware was founded in 1997. [4] 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.[5]

Zisapel holds a 3.4 percent stake in the company. His father, Yehuda Zisapel, is the largest shareholder, with a 15 percent stake.[6]

Acquisitions[edit]

In November 2005, Radware acquired V Secure Technologies.[7] In April 2007, Radware acquired Covelight Systems, a provider of web application auditing and monitoring tools based Cary, North Carolina, for $16 USD million.[8] 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.[9]

Sales markets[edit]

The company markets and sells its products worldwide through distributors and resellers located in the Americas, Europe, Middle East, Africa and Asia Pacific. Its customers include financial services, insurance, e-Commerce, manufacturing, retail, government, healthcare, education, and transportation services and carriers.[10]

See also[edit]

References[edit]