Radware

Radware

Type	Public (NASDAQ: RDWR)
Traded as	RDWR
Industry	Technology
Founded	1997; 20 years ago (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	US$ 216.57 million (2015)
Net income	US$ 18.57 million (2015)
Number of employees	1000+
Website	www.radware.com

Radware (NASDAQ: RDWR) is a provider of load balancing and cybersecurity services for data centers. Headquartered in Tel Aviv, Israel, the company has offices in the U.S. in Mahwah, New Jersey and in Shanghai, China. Radware is a member of the Rad Group of companies and its shares are traded on NASDAQ.

Radware was founded in 1997. 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.

Zisapel holds a 3.4 percent stake in the company. His father, Yehuda Zisapel, is the largest shareholder, with a 15 percent stake.

In November 2005, Radware acquired V Secure Technologies, giving Radware intrusion-prevention system/intrusion detection system (IPS/IDS) technology to run on its Layer 4-7 switch hardware and appliances. In April 2007, Radware acquired Covelight Systems, a provider of web application auditing and monitoring tools based Cary, North Carolina, for $16 USD million. 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.

The company 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.