Radware Signs New Partner, AREC Networks, for Distribution of Alteon Products
* Reuters is not responsible for the content in this press release.
TAIPEI, June 29 /PRNewswire-FirstCall/ --
- One of Taiwan's Leading System Integrators Benefits From Radware's
Alteon Acquisition
Radware (NASDAQ: RDWR), the leading provider of integrated application
delivery solutions for business-smart networking, announced today that the
integration of Alteon has been moving forward smoothly and many of the
recruited Alteon's partners have demonstrated their confidence for the
acquisition and are seamlessly migrating to the new organization.
Alteon application delivery products, certain related intellectual
property assets, tangible assets, inventory and service contracts were
included in the acquisition. Radware reinforced its commitment to Alteon - in
terms of the product line, channel and customers - by guaranteeing a 5-year
product support plan and a roadmap which includes the upgrading of the
product line and its longevity.
"We feel reassured that the acquisition of the Alteon product line was
made by Radware," stated Michael Liu, GM, AREC. "Alteon products are well
recognized as stable and reliable products by the market. Radware's
commitment to evolve the product line and provide immediate professional
services and support, gives us and our customers even more confidence."
"The addition of the Alteon business to Radware's product portfolio
enhances our offering. The strengths of Radware and Alteon complement each
other and create synergy in both technologies and customer segments," Sam
Lin, Country Manager, Radware Taiwan. "By leveraging mutual strengths, we
will provide the next generation of more reliable, high-performance and
feature-rich solutions from which our partners and customers will see
benefits."
After the acquisition, Radware delivered enhanced training, programs and
tools to help resellers understand the key differentiators and added-value
that customers will benefit from using these products and which will
ultimately help them grow their businesses.
"We are impressed by Radware's professional execution and integration of
the acquisition" said Tony Lee, Sales Director, AREC "We are now able to
serve our customers with a full range of Radware's high performance and
availability solutions. Radware has been actively assisting us in pursuing
growth opportunities despite the global macroeconomic challenges."
AREC Networks Inc. (Advanced Research, Engineering and Consulting,
Networks Inc.), based in Taiwan, is a leading System Integrator providing a
variety of network-specific products and solutions to meet the demand of
corporate market.
About Radware
Radware (NASDAQ:RDWR), the global leader in integrated application
delivery solutions, assures the full availability, maximum performance, and
complete security of business-critical applications for nearly 10,000
enterprises and carriers worldwide. With APSolute(TM), Radware's
comprehensive and award-winning suite of intelligent front-end, access, and
security products, companies in every industry can drive business
productivity, improve profitability, and reduce IT operating and
infrastructure costs by making their networks "business smart." For more
information, please visit http://www.radware.com.
This press release may contain forward-looking statements that are
subject to risks and uncertainties. Factors that could cause actual results
to differ materially from these forward-looking statements include, but are
not limited to, general business conditions in the Application Switching or
Network Security industry, changes in demand for Application Switching or
Network Security products, the timing and amount or cancellation of orders
and other risks detailed from time to time in Radware's filings with the
Securities and Exchange Commission, including Radware's Form 20-F.
Media Relations:
Mr. Edmund Wong
Marketing Director, Radware APAC
Tel: +86-21-53965490
Email: edmundw@radware.com
SOURCE Radware Ltd
Media Relations: Mr. Edmund Wong, Marketing Director, Radware APAC, Tel:
+86-21-53965490, Email: edmundw@radware.com
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.


Follow Reuters