M&A Deal Summary

Radware Acquires Strangeloop Networks

On February 11, 2013, Radware acquired information technology company Strangeloop Networks for 8M USD

Acquisition Highlights
  • This is Radware’s 3rd transaction in the Information Technology sector.
  • This is Radware’s largest (disclosed) transaction.
  • This is Radware’s 1st transaction in Canada.
  • This is Radware’s 1st transaction in British Columbia.

M&A Deal Summary
Date 2013-02-11
Target Strangeloop Networks
Sector Information Technology
Buyer(s) Radware
Deal Type Add-on Acquisition
Deal Value 8M USD

Target

Strangeloop Networks

Vancouver, British Columbia, Canada
Strangeloop Networks, Inc. develops the Strangeloop Site Optimizer software tool.

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Buyer(S) 1

Buyer

Radware

Tel Aviv, Israel

website

Category Company
Founded 1996
Sector Information Technology
Revenue 192M USD (2013)
DESCRIPTION

Radware Ltd. provider of application delivery and application security solutions for virtual, cloud and software defined data centers.

DEAL STATS #
Overall 3 of 4
Sector (Information Technology) 3 of 3
Type (Add-on Acquisition) 3 of 4
State (British Columbia) 1 of 1
Country (Canada) 1 of 1
Year (2013) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-04-30 Covelight Systems

Cary, North Carolina, United States

Covelight Systems, Inc. is a provider of Web-channel data at wire speed to backend analytic engines for a variety of enterprise uses. Covelight’s products provide real-time, identity-based monitoring of critical online applications.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-31 Seculert

Petach-Tikva, Israel

Seculert Ltd. is a SaaS cloud-based provider of protection against enterprise network breach and data exfiltration.

Buy -
Mergr

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