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Radware Acquires Strangeloop Networks, Leader In Web-Performance Optimization (WPO) Solutions For E-commerce And Enterprise Applications

Stocks in this article: RDWR

MAHWAH, New Jersey, February 7, 2013 /PRNewswire/ --

Company management will host a conference call at 8:45am ET on Friday, February 8 th, 2013.

Radware ® (NASDAQ: RDWR), a leading provider of application delivery and application security solutions for virtual and cloud data centers, today announced that it has  completed the acquisition of Strangeloop Networks, a leader in the Web performance acceleration domain.

Today's enterprises are characterized by strong adoption of software-as-a-service (SaaS) and cloud-based services, creating a new reality with the distance rapidly lengthening between end users and the applications they are accessing. In addition, this year has been heralded by industry analysts as the year that mobile phones will surpass PCs as the most common device for accessing web applications. Employees, partners and customers will now predominantly access enterprise web applications from anywhere at any time without being tethered to either central or branch offices.      

While this represents a potential boon to productivity and efficiency, there is a downside. Network latency significantly increases, degrading end-user quality of experience (QoE), thus placing at risk the very same productivity gains. Complexity also increases as web applications have higher payloads and longer rendering times, not often designed for mobile access.  This growing latency and complexity challenge, is driving the need - especially for online businesses that heavily rely on customer-facing web applications - for web performance acceleration solutions.

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.

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