Radware Buys Strangeloop Networks

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.

DocumentId: 2246383, ~/Articles/ArticleHandler.aspx, 4/21/2014 8:14:38 AM

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...


Advertisement