Radware Brings Back Alteon

Seven months after acquiring the Nortel-Alteon application delivery product line, Radware (RDWR) has brought back the Alteon line by unveiling the new Alteon 5412 application delivery platform. The Alteon 5412 delivers optimal business value by helping customers reduce capital expenditures and capacity planning risks as well as eliminate application delivery overspending by providing capacity and service […]

Optivor Signs Reseller Partnership with Radware

Radware (RDWR) announced it has signed Optivor as a Radware Alteon reseller partner, further expanding Radware’s foothold in the global application delivery market. By joining Radware’s distribution network, Optivor will receive training for the Radware Alteon product line, enabling the company to offer a greater level of customer service support. Under the terms of the agreement, […]

Radware Signs Ronco as Reseller Partner

Radware (RDWR) announced it has signed Ronco Communications & Electronics Inc. as a Radware reseller partner. By joining Radware’s channel network, Ronco will receive training for all Radware application delivery and application security product lines including the newly acquired-Alteon product line from Nortel. Under the terms of the agreement, Ronco will work closely with Radware to […]

Nortel Unit Goes for Mere $18M

We now know how much money Radware (RDWR) paid for Nortel Networks Corp.‘s (NT) application delivery assets: a mere $18 million. That’s a bargain-basement price compared to the $7.8 billion Nortel forked out for those same assets in 2000. But with Nortel in dire financial straits, executives have had little choice but to sell what worthwhile […]

U.S. Judge Gives Nod to Nortel-Radware Deal

Nortel Networks has the green light from the U.S. to sell its data-switch business to Israel-based Radware. The deal is for nearly $18 billion. A bankruptcy court judge gave his approval Thursday. The Canada-based telecom giant filed for bankruptcy earlier this year, laying off thousands of people in the process. The company’s been trying to […]

Totally Rad: Nortel Sells Assets to Radware

Bankrupt Nortel Networks Corp. (NT) is selling part of its application delivery business to equipment maker Radware Ltd. (RDWR). Financial terms remained under wraps but Nortel does plan to continue selling the division’s products under an OEM agreement. Radware won the deal though a court-sanctioned auction. Nortel, in the midst of bankruptcy reorganization, is restructuring operations so […]

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