Radware to make Alteon a billion-dollar business
Radware has pledged to restore the Alteon business to its former glory and hopes to make it a billion-dollar business once again, according to regional director Guri Geva.
Israel-based Radware picked up Alteon last spring for just $18m, a fraction of the $7.8bn price that former owners Nortel had paid for it in 2001.
"Thirty percent of our worldwide revenues were from Alteon during Q3; that was the major accelerator for the quarter," Geva told MicroScope.
Radware relaunched the brand last month with the debut of the 5412 series application delivery platform and claims this is the first new platform to bear the Alteon name since 2004.
The vendor has also committed to supporting existing Alteon kit for five years, and will be putting backwards operability features into new products to nudge Alteon's large installed base towards operational rather than capital expenditure.
"Alteon is known as a very stable product," said Geva, "the problem was that obviously Nortel hadn't put resource into it and it lacked some capabilities."
Radware UK channel manager Paul Jenkinson said Nortel partners were beginning to come on board as well, adding that accreditations and training will be launched in the new year.