Radware (NASDAQ: RDWR), the leading provider of integrated application delivery solutions for business-smart networking, today announced that it has completed the acquisition of assets pertaining to Nortel’s [TSX: NT, OTC: NRTLQ] Layer 4-7 Application Delivery Business for the amount of 18 million USD. Included in the acquisition are Nortel’s application delivery products, certain related intellectual property assets, tangible assets, inventory and service contracts in addition to a number of employees related to this business.
Friday, April 3, 2009
Radware Completes Acquisition of Nortel’s Layer 4-7 Application Delivery Business
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