Radware Buys Strangeloop Networks

Watch stocks you care about

The single, easiest way to keep track of all the stocks that matter...

Your own personalized stock watchlist!

It's a 100% FREE Motley Fool service...

Click Here Now

On Friday, cloud data delivery and security provider Radware (NASDAQ: RDWR  ) announced that it has purchased website speeder-upper Strangeloop Networks for $8.4 million.

Investors reacted poorly to the news, bidding down Radware shares by 1.3%, to $35.65, in response. But management defended the acquisition, pointing out that Strangeloop uses "an advanced set of proprietary site acceleration treatments to simplify and streamline Web pages in real time."

According to Radware, this is key to the problem of the time lag users experience with software located on servers far away. Radware sees Strangeloop's services as an antidote to this problem, speeding up response times on websites "in the most efficient way possible."

As Radware Chief Operating Officer Ilan Kinreich argued: "online retailers and financial services are dependent on their customer-facing web applications. Therefore, speed and performance are two of the most critical factors in order to increase customer satisfaction [and] conversion rates and generate revenue."

Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2246383, ~/Articles/ArticleHandler.aspx, 11/28/2015 1:33:21 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Rich Smith

I love things that go "boom." Sonic or otherwise, that means I tend to gravitate towards defense and aerospace stocks. But to tell the truth, over the course of a dozen years writing for The Motley Fool, I have covered -- and continue to cover -- everything from retailers to consumer goods stocks, and from tech to banks to insurers as well. Follow me on Twitter or Facebook for the most important developments in defense & aerospace news, and other great stories besides.

Today's Market

updated 18 hours ago Sponsored by:
DOW 17,798.49 -14.90 -0.08%
S&P 500 2,090.11 1.24 0.06%
NASD 5,127.53 11.38 0.22%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

11/27/2015 12:59 PM
RDWR $16.13 Up +0.10 +0.62%
Radware Ltd. CAPS Rating: *****