Radware Completes Purchase of Nortel’s Alteon Assets

I just got word that Radware has just completed their acquisition of Nortel’s Layer 4-7/Alteon business.   In the press release, they reiterated their commitment to continuing development of the Alteon line, with the purchase not just being a customer list buy.

Final purchase price was around $18,000,000.  Not a bad deal for Radware (considering Nortel bought Alteon for $7.8 billion in 2000).

About tony

Tony is an IT instructor, pilot, scuba diver, marathon runner, and vegan.