Financial Technology

Financial Technology - INDUSTRY NEWS

Share

TMCNet:  Radware buys Strangeloop Networks

[February 08, 2013]

Radware buys Strangeloop Networks

Feb 08, 2013 (TELECOMWORLDWIRE via COMTEX) -- Radware (NASDAQ: RDWR) said it has completed the acquisition of Strangeloop Networks, a leader in the Web performance acceleration domain.

Strangeloop's technology accelerates web applications for companies such as O'Reilly Media, Petco, Wine.com and other global e-commerce sites and SaaS providers. Using an advanced set of proprietary site acceleration treatments to simplify and streamline web pages in real-time, Strangeloop is able to deliver page content in the most efficient way possible. This enhances a site visitor's experience leading to greater conversion rates which in turn, can increase online revenues.
Story continues below ↓

Strangeloop's products will continue to be sold and will now be offered under the Radware FastView brand name. The offering includes multiple form factors: physical appliance, virtual appliance and cloud service. Future development plans include integration of the Strangeloop technology into Radware's industry-awarded Alteon application delivery controller (ADC), for offer as an integral software module.

Strangeloop is the leader in providing next-generation front-end optimization (FEO) solutions. Strangeloop is based in Vancouver, BC. For more information, visit http://www.strangeloopnetworks.com Radware (RDWR) is a leader of application delivery and application security solutions for virtual and cloud data centers. For more information, visit http://www.radware.com.

Comments on this story may be sent to tww.feedback@m2.com

[ Back To Financial Technology's Homepage ]