Radware Buys Strangeloop Networks

On Friday, cloud data delivery and security provider Radware 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."

The article Radware Buys Strangeloop Networks originally appeared on Fool.com.

Fool contributor Rich Smith and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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