Key Developments: Allot Communications Ltd (ALLT.O)
12.94USD
22 May 2013
$-0.18 (-1.37%)
$13.12
$13.11
$13.34
$12.90
538,143
561,070
$29.05
$10.75
Latest Key Developments (Source: Significant Developments)
Allot Communications Ltd Secures $6 Million Project To Provide Virtualized Parental Control Service To Tier-1 Mobile Operator
Allot Communications Ltd announced that it has been awarded an approximately $6 million project from a Tier 1 operator which will be implemented in phases over several years. The project is based on Allot Service Gateway Parental Control Service. The project, awarded by a Tier-1 mobile operator in EMEA, highlights the importance mobile operators place on the cloud-based services which Allot's product suite enable. The comprehensive solution was built in collaboration with an Allot technology partner. Full Article
Allot Communications Ltd Secures Contract For MediaSwift-E Caching Solution
Allot Communications Ltd announced the receipt of an order for the new Allot MediaSwift-E caching solution. The solution incorporates the caching technology from the recently acquired Oversi Networks together with Allot Service Gateway to deliver a high-performance caching product that accelerates media delivery and significantly improves customer quality of experience (QoE). The order is from an existing multi-million dollar APAC fixed operator customer. Full Article
Allot Communications Ltd Completes Acquisition Of Oversi Networks
Allot Communications Ltd announced that it has completed acquisition of Oversi Networks. Oversi is a global provider of rich-media caching and content delivery solutions for Internet video and peer-to-peer (P2P) traffic. The agreement was announced on July 31, 2012. Full Article
Allot Communications Ltd. To Acquire Oversi Networks
Allot Communications Ltd. announced that it has signed a definitive agreement to acquire Oversi Networks, a global provider of rich-media caching and content delivery solutions for Internet video and peer-to-peer (P2P) traffic. Under the terms of the acquisition, Allot will be paying $16 million in cash, as well as up to $5 million based on Oversi's performance during 2012. The acquisition is expected to close during the third quarter of 2012. Full Article
Allot Communications Ltd. Completes Ortiva Wireless Acquisition
Allot Communications Ltd. announced that it has Completed the previously announced purchase agreement for Ortiva Wireless. The terms of the acquisition were not disclosed. Full Article
Allot Communications Ltd. To Acquire Ortiva Wireless
Allot Communications Ltd. announced that it has signed a definitive agreement to acquire Ortiva Wireless, which offers the industry's solution for proactive management of mobile video. The terms of the acquisition were not disclosed. Full Article
Allot Communications Ltd. Wins $4 Million Initial Order From Tier 1 LATAM Fixed/Mobile Operator
Allot Communications Ltd. announced it has received an initial order worth approximately USD4 million from a Tier 1 Latin American fixed/mobile operator, part of one of the five Telco groups. The order includes the deployment of multiple Allot Service Gateway platforms to provide improved quality of experience (QoE). The deployment will see real time measurement of services such as VoIP quality, coupled with adaptive policy provisioning to guarantee optimized QoE over various network conditions. The Allot Service Gateway solution delivers a range of integrated value-added services such as video caching, URL filtering & DDoS prevention, all in one platform. Full Article
Allot Communications Ltd. Announces LTE Order From Asian Tier 1 Operator
Allot Communications Ltd. announced it has received a follow-on order from an Asian Tier 1 mobile operator to support an LTE network rollout. The order includes the deployment of multiple Allot Service Gateway platforms to provide centralized policy control and charging, enabling the operator to drive new revenues by implementing value-based charging and offering its subscribers service plans. Full Article
Allot Communications Ltd. Announces Pricing Of Ordinary Shares Offering
Allot Communications Ltd. announced that it had priced its offering of 5,500,000 ordinary shares offered by the Company, at $14.25 per share. The Company has also granted the underwriters a 30-day option to purchase up to 825,000 additional ordinary shares to cover any over-allotments. The Company intends to use the net proceeds from the offering for general corporate purposes, including working capital and potential acquisitions. The offering is expected to close on November 15, 2011, subject to customary closing conditions. In connection with the offering, BofA Merrill Lynch, Jefferies & Company, Inc. and RBC Capital Markets, LLC are acting as joint book-running managers, Oppenheimer & Co. Inc. is acting as lead manager and Wunderlich Securities, Inc. is acting as co-manager. Full Article
Allot Communications Ltd. Announces Offering Of Ordinary Shares
Allot Communications Ltd. announced that the Company is offering for sale 5,000,000 ordinary shares of the Company in an underwritten public offering. The Company has also granted the underwriters a 30-day option to purchase up to 750,000 additional ordinary shares to cover any over-allotments. The Company intends to use the net proceeds from the offering for general corporate purposes, including working capital and potential acquisitions. BofA Merrill Lynch, Jefferies & Company, Inc. and RBC Capital Markets, LLC will act as joint book-running managers, Oppenheimer & Co. Inc. will act as lead manager and Wunderlich Securities, Inc. will act as co-manager. Full Article
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