Allot Communications Completes Acquisition of Optenet's Operations

Hod Hasharon, Israel, March 30, 2015 (Newswire.com) - Allot Communications Ltd. (NASDAQ, TASE: ALLT), a leading global provider of intelligent broadband solutions that empowers communication service providers to optimize and monetize their networks, enterprises to enhance productivity and consumers to improve their digital experience, announced today that it has completed the acquisition of Optenet’s operations, a global IT security company providing high-performance Security-as-a-Service (SECaaS) solutions to service providers and large enterprises worldwide.

Key Strategic Benefits of the Acquisition

1. With the acquisition of the operations of Optenet, Allot has bolstered and broadened its security solutions portfolio, which operates at the network level and provides URL blacklisting, DDOS protection, Anti-Spam and Network Analytics capabilities.
2. The acquisition provides new monetization opportunities for mobile service providers, enabling them to provide value to residential, SMB and enterprise customers.
3. By leveraging Optenet’s customer base, Allot can generate new opportunities with large service providers.
4. In addition, Optenet’s products complement Allot’s offering to cloud and hosting providers and large enterprises by securing the access to cloud applications and resources.

# # #

About Optenet

Optenet is a global IT security company providing high-performance security to service providers and large enterprises worldwide. With the largest ISP customer base and over 15 years of experience, Optenet is a pioneer and global leader of enabling SECaaS. Its technology protects more than 100 million End Users worldwide and is deployed globally at over 60 ISPs. Dedicated to protecting children by eliminating illegal content on the Internet, Optenet works with government and non-profit organizations to create a secure online environment for minors. 

About Allot Communications

Allot Communications Ltd. (NASDAQ, TASE: ALLT) empowers service providers to monetize and optimize their networks, enterprises to enhance productivity and consumers to enjoy an always-on digital lifestyle. Allot’s advanced DPI-based broadband solutions identify and leverage network intelligence to analyze, protect, improve and enrich mobile, fixed and cloud service delivery and user experience. Allot’s unique blend of innovative technology, proven know-how and collaborative approach to industry standards and partnerships enables network operators worldwide to elevate their role in the digital lifestyle ecosystem and to open the door to a wealth of new business opportunities. For more information, please visit http://www.allot.com.