The deal includes Nortel's application delivery products, certain related intellectual property assets, tangible assets, inventory and service contracts, in addition to a number of employees related to the business.
Radware will merge the products with its own offerings into a brand called Radware Alteon, and is implementing a five-year product support plan for all existing Radware customers.
"The addition of the Nortel [Alteon] business to Radware's product portfolio was a strategic decision to enhance our offering, and enable us to leverage the mutual strengths of both technologies, providing our customers with the next generation of more reliable, high-performance and feature-rich solutions," said Roy Zisapel, chief executive of Radware.
"We look forward to working with our customers and providing them with the most technology-advanced solutions available in the application delivery market. "
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