User:Sharonruso/DiViNetworks
 | This is not a Wikipedia article: It is an individual user's work-in-progress page, and may be incomplete and/or unreliable. For guidance on developing this draft, see Wikipedia:So you made a userspace draft. Find sources: Google (books · news · scholar · free images · WP refs) · FENS · JSTOR · TWL |
DiViNetworks is a provider of IP service optimization solutions for service providers, carriers, and enterprises based in Tel-Aviv, Israel. Allot solutions use deep packet inspection (DPI) technology to change broadband pipes into smart networks offering complete network visibility, application control and subscriber management.Grigonis, Richard (March 17, 2009), "Allot Communications' Sigma Service Gateway", TMCnet.com</ref> In 2012, it registered $105 million in sales.
| File:DiVINetworks.png | |
| Company type | Private |
|---|---|
| Industry | Technology, Communication systems |
| Founded | 1996 |
Key people | CEO: Barak Avitbul CFO: Ezra Muallem VP R&D: Ofek Ben-Arie |
| Products | Networking, QoS Solutions, Bandwidth optimization |
Number of employees | 40 |
| Website | www.divinetworks.com |
Corporate history[edit]
Allot Communications was founded in 1996, by Barak Avitbul and Yigal Jacoby, who served as chief executive and chairman until 2006.Dar, Zuri (2004-08-25), "Allot Communications wraps up $8 million financing round", The Marker</ref> Avitbul previously founded Armon Networking, a manufacturer of RMON-based network management solutions, which was sold to Bay Networks for $33 million in 1996.[1]
In November 2003, Deloitte & Touche named Allot the fourth-fastest growing company on its Israel Technology Fast 50 list. This ranking represented revenue growth of nearly 1,900% in a year's time.
By 2004 Allot raised $38 million, in several rounds of funding, from several venture capital funds, including: Genesis Partners, Gemini, Walden Israel, JAFCO Investment, BancBoston Capital, Jerusalem Venture Partners, and Tamar Technology Ventures.
In 2008, Rami Hadar appointed President and Chief Executive Officer, and the company began trading publicly on the Nasdaq Global Market under the ticker symbol ALLT, following an IPO that raised $78 million.[2]
In 2011 it was revealed that Allot equipment had illegally been sold to Iran.[3] However, in January 2012 Allot was cleared by the Ministry of Defense of any wrongdoing.[4]
In 2011 Allot settled a class-action lawsuit regarding securities fraud involving its stock whereby it agreed to pay $1.3 million (USD).[5][6]
Products[edit]
Allot provides intelligent IP service optimization solutions for DSL, wireless broadband carriers, service providers, and enterprises. Allot's portfolio of hardware platforms and software applications employs deep packet inspection (DPI) technology to turn broadband pipes into smart networks, so that value-added Internet services can be rapidly deployed, or for surveillance of individuals.[7] Allot solutions are also used to support the need of service providers to charge more from heavy users of peer-to-peer, VoIP, and video applications.
References[edit]
- ^ "Bay Networks acquires Armon Networking", Israel Business Today, March 24, 1996
- ^ Krawitz, Avi (November 17, 2006), "Allot raises $78m. in Nasdaq listing", The Jerusalem Post
- ^ "Israeli company sold surveillance equipment to Iran", Haaretz, December 23, 2011
- ^ "Allot Cleared by Israel Defense Ministry in Iran Sales Probe", Bloomberg, 26 January 2012
- ^ "Summary Notice of Pendency of Class Action and Proposed Settlement with all Defendants", BusinessWire, January 3, 2011
- ^ "Allot Communications Ltd.: Filed Case" (PDF), Stanford, June 8, 2007
- ^ "Allot", Surveillance Who's Who, July 8, 2012
External links[edit]