Radware’s CEO Roy Zisapel was kind enough to speak to me earlier today regarding the Radware purchase of Nortel’s L4-7 assets (i.e., the worst kept secret in IT).
The deal was pretty what had been theorized, although I think the biggest surprise was that Radware has stated (and reiterated in my conversation with Mr Zisapel) that the deal is not a pure customer-list purchase, as many had suspected. Instead, Radware has comitted to supporting and expanding the existing Alteon line, and not just moving everyone onto Radware boxes.  They’ve also committed to a 5-year product support plan of the current Alteon lines.
The deal isn’t a done-deal yet (the bankrupcty courts of the US and Canada has to approve this) but it seems pretty likely to go through.
