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Announced

Completed

Radware completed the acquisition of SecurityDAM for $42m.

Financials

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Transaction Value£31m
Consideration TypeContingent Deferred Consideration, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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cloud security

Friendly

Majority

Israel

network security

Domestic

Acquisition

Completed

cloud services

Single Bidder

Private

Digital Services

Synopsis

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Radware, a provider of cyber security and application delivery solutions, completed the acquisition of SecurityDAM, a provider of cloud-based security solutions, for $42m. "We are committed to providing our customers state-of-the-art, frictionless security, so they can advance their digital strategies while ensuring their defenses don’t become roadblocks to change. Radware is already protecting a quarter of the Fortune 50 companies. The goal of our initiative is to innovate and scale faster, so we can deliver our cloud security capabilities to even more customers and capitalize on the growing market opportunity," Roy Zisapel, Radware President and CEO.

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