Radware

Radware
Public (NASDAQ: RDWR)
Traded as RDWR
Industry Technology
Founded 1997 (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

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

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

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

References

  1. ↑ https://www.radware.com/
  2. ↑ https://www.radware.com/Locations/
  3. ↑ https://www.radware.com/About/
  4. ↑ Radware DefenseFlow Makes DoS, DDoS Protection a Native Network Service
  5. ↑ Radware on NASDAQ, NASDAQ
  6. ↑ Cyber attacks a boon to Radware Sales Israel overnight
  7. ↑ http://www.radware.com/newsevents/pressrelease.aspx?id=1438
  8. ↑ Greene, Tim (April 30, 2007). "Radware buys Covelight Systems: Combined technologies give real-time analysis to Web application transactions". Network World.
  9. ↑ Cyber attacks a boon to Radware Sales Israel overnight
  10. ↑ Radware Company Profile, Reuters


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