Allot Communications Acquires NetReality; Combines Teams and Technologies to Form Solid Base for Continued Growth.Business Editors/High-Tech Writers MINNEAPOLIS--(BUSINESS WIRE)--Sept. 24, 2002 -- Allot al·lot tr.v. al·lot·ted, al·lot·ting, al·lots 1. To parcel out; distribute or apportion: allotting land to homesteaders; allot blame. 2. now delivers the industry's only QoS and bandwidth management solution for both local area and wide area networks -- Allot Communications, a premier provider of policy-based networking solutions, announced today that it has completed the acquisition of the assets and intellectual properties of privately held NetReality, a major provider of network application priority switches (NAPS). The acquisition continues Allot's aggressive and determined strategy to become the leader in quality of service (QoS) and bandwidth management Controlling the traffic flow in a network. See bandwidth manager. solutions for the enterprise and service provider markets. Under the terms of the agreement, NetReality's research and development employees have joined Allot, and continue to develop and support all NetReality products. Employees of NetReality operations, customer support, sales and marketing teams have merged into Allot's world-wide sales and marketing organizations and continue to promote, sell, produce, ship and support NetReality customers and channels. Other terms of the agreement were not disclosed. "Allot's acquisition of NetReality complements an already strong product offering within a growing market sector," said Troy Jensen, Vice President, RBC Capital Markets RBC Capital Markets is the corporate and investment banking division of Royal Bank of Canada ("RBC"). Broker dealers Depending on the jurisdiction, the division uses different broker dealer subsidiaries of RBC:
NetReality's WAN-based WiseWan(TM) product line with its comprehensive, integrated, centralized cen·tral·ize v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es v.tr. 1. To draw into or toward a center; consolidate. 2. management and monitoring and Allot's LAN-based NetEnforcer(R) and NetPure(TM) QoS enforcement products will be combined to create the industry's most comprehensive offering of bandwidth management solutions. These complementary products ensure that customers' business-related, mission-critical traffic remains a priority over non-critical traffic in any size network, regardless of network topology See topology. . "The acquisition of NetReality strengthens our position as a QoS solution leader with the ability to offer a complete array of bandwidth management products for any size organization," said Yigal Jacoby, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Allot Communications. "In addition, a number of synergies result from the acquisition: the immediate expansion of our market presence and revenue; as well as expanded teams for development, manufacturing, marketing, sales and support." NetReality's award-winning technology is widely used by large, global enterprises such as Daimler Chrysler, A.T. Kearney, and Nike. In the past year, NetReality was selected as a "2002 Hot Emerging Company to Watch" by industry watcher IDG IDG International Data Group IDG Integrated Drive Generator IDG Installation Design Guide IDG Internet Discussion Group IDG Inset Dielectric Guide IDG International Dangerous Goods (mail, shipping) , and its technology won major recognition including the most respected award in the UK networking industry--Networks Telecom's Network Management Product of the Year Award. Combining this with Allot's industry-recognized line of policy-based bandwidth management tools, customers will have one resource for better monitoring and controlling their network resources. About Allot Communications Allot Communications' policy-powered networking initiative offers bandwidth management solutions for enterprises and IP service providers that improve application performance, throttle non-business uses of the Internet and enable the deployment of business-critical, time-sensitive applications. In enterprise networks, Allot's solutions allow network managers to enable quality of service (QoS) by linking business policies to specific network actions that improve users' productivity and contain networking costs. In service provider networks, Allot's QoS/SLA enforcement solutions maximize ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). by managing over-subscription, throttling P2P See peer-to-peer and point-to-point. traffic on upstream and downstream links and delivering tiered services Tiered services is business jargon for providing a service (such as telecom connectivity or cable channel service) according to separate, incrementally distinct quality and pay levels, or "tiers." The term has current usage in the debate over network neutrality. and classes of service. Allot Communications has regional offices in the USA, France, Japan, Singapore and Israel. Allot is represented worldwide through OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and and distributor channels. Visit Allot on the Web at www.allot.com. |
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