Radware to Buy Nortel's Alteon App Delivery Division

 
 
By Chris Preimesberger  |  Posted 2009-02-20 Email Print this article Print
 
 
 
 
 
 
 

As part of the intended acquisition, Radware says it will incorporate Nortel's application delivery products and repackage them under a merged brand called Radware Alteon.

Integrated application delivery provider Radware said Feb. 20 it has signed an agreement with struggling Nortel to purchase the Canadian company's Layer 4-7 application delivery business. Financial details were not disclosed.

Nortel added the application switch product line to its catalog in October 2000 through its corporate acquisition of Alteon WebSystems.

North America's largest telecommunications infrastructure and unified communications provider, Nortel is currently in the throes of Chapter 11 bankruptcy proceedings.

The company has $2.4 billion in cash reserves but is saddled with more than $4 billion in debt and has been fighting serious financial and market battles for more than a decade-mainly against heavy-duty competitors such as Cisco Systems and Avaya.

Nortel, like Radware, has many major enterprise customers in the financial services, government, science, media and health care sectors.

As part of the intended acquisition, Radware would incorporate Nortel's application delivery products-which are similar to its own offerings-and repackage them under a merged brand, Radware Alteon, the company said.

Radware CEO Roy Zisapel told eWEEK that the deal has been in the works for several months and that Nortel's filing for bankruptcy protection "caught us in the middle; actually, we were closer to the end of the negotiations," he said.

Zisapel continued, "This will increase our customer base through the channels that it brings. It means more consolidation in our market, and we have an OEM agreement included so that we will be able to continue to serve their customers without disruption."

In fact, Radware will offer each of Nortel's Alteon customers a full five-year guarantee of continued service and support on existing Alteon products and services, he said.

"That way customers will not have to worry about any service disruptions as a result of the acquisition. We are committed to making this transaction seamless for existing customers," Zisapel said.


 
 
 
 
Chris Preimesberger Chris Preimesberger was named Editor-in-Chief of Features & Analysis at eWEEK in November 2011. Previously he served eWEEK as Senior Writer, covering a range of IT sectors that include data center systems, cloud computing, storage, virtualization, green IT, e-discovery and IT governance. His blog, Storage Station, is considered a go-to information source. Chris won a national Folio Award for magazine writing in November 2011 for a cover story on Salesforce.com and CEO-founder Marc Benioff, and he has served as a judge for the SIIA Codie Awards since 2005. In previous IT journalism, Chris was a founding editor of both IT Manager's Journal and DevX.com and was managing editor of Software Development magazine. His diverse resume also includes: sportswriter for the Los Angeles Daily News, covering NCAA and NBA basketball, television critic for the Palo Alto Times Tribune, and Sports Information Director at Stanford University. He has served as a correspondent for The Associated Press, covering Stanford and NCAA tournament basketball, since 1983. He has covered a number of major events, including the 1984 Democratic National Convention, a Presidential press conference at the White House in 1993, the Emmy Awards (three times), two Rose Bowls, the Fiesta Bowl, several NCAA men's and women's basketball tournaments, a Formula One Grand Prix auto race, a heavyweight boxing championship bout (Ali vs. Spinks, 1978), and the 1985 Super Bowl. A 1975 graduate of Pepperdine University in Malibu, Calif., Chris has won more than a dozen regional and national awards for his work. He and his wife, Rebecca, have four children and reside in Redwood City, Calif.Follow on Twitter: editingwhiz
 
 
 
 
 
 
 

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