Communications as a Service (CaaS) Industry News

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.

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.

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