Radware

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Radware
Public (NASDAQRDWR)
Traded as RDWR
Industry Technology
Founded 1997; 21 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 is a provider of load balancing and cybersecurity services for data centers.[1] Radware’s corporate headquarters are located in Mahwah, New Jersey and international headquarters are located in Tel Aviv, Israel. The company also has offices 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, giving Radware intrusion-prevention system/intrusion detection system (IPS/IDS) technology to run on its Layer 4-7 switch hardware and appliances.[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.[6]

Sales markets[edit]

The company 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.[1]

See also[edit]

References[edit]

  1. ^ a b "Profile: Radware Ltd (RDWR.O)". Reuters. 
  2. ^ "Locations". Radware. 
  3. ^ "About Radware". Radware. 
  4. ^ Lidstone, Rory (28 June 2013). "Radware DefenseFlow Makes DoS, DDoS Protection a Native Network Service". www.nfvzone.com. 
  5. ^ Radware on NASDAQ, NASDAQ 
  6. ^ a b "Cyber Attacks a Boon to Radware Sales: Israel Overnight". 12 February 2013 – via www.bloomberg.com. 
  7. ^ Hochmuth, Phil (30 November 2005). "Radware buys IPS/IDS vendor V-Secure for $15 million". www.networkworld.com. Retrieved 21 February 2017. 
  8. ^ Greene, Tim (April 30, 2007). "Radware buys Covelight Systems: Combined technologies give real-time analysis to Web application transactions". Network World.