![]() ![]() ![]() The Allot SSG solution includes real-time network intelligence, application control, DDoS protection, and web security solutions across the entire network, providing end-to-end visibility of all network traffic and enhancing Quality of Service (QoS) and user Quality of Experience (QoE). (NASDAQ, TASE: ALLT), a leading global provider of innovative network intelligence and security solutions for service providers and enterprises worldwide, has struck an agreement with Lifeboat Distribution to supply the Allot Secure Service Gateway (SSG) unified solution to its North American Enterprise and ISP customers. and Canada.HOD HASHARON, Israel, J/PRNewswire/ - Allot Communications Ltd. We look forward to integrating with the Lifeboat platform as we leverage one another’s deep relationships with technology partners and VARs across the U.S. Our team prides itself on delivering highly-responsive service levels and invests heavily in training and development to provide our partners with the expertise and support they need to grow their business. “Both Lifeboat and Interwork have carved out a unique and differentiated space in the market to help launch and develop emerging technology brands. We look forward to expanding our presence in Canada through Interwork’s network of VARs, and we expect this acquisition to be accretive to adjusted EBITDA, which will allow us to continue to accelerate growth and profitability on the heels of our record 2019 performance.” We have identified multiple near-term cost and revenue synergies and given our limited overlap in customers and technology partners, we expect to actively cross-sell products and services across both organizations. “Interwork brings an exceptional team to Lifeboat with a very similar culture built on servicing clients with a differentiated, high-touch approach. In a prepared statement about the deal, Foster commented on the deal: This deal, Wayside’s first acquisition in over 25 years, signals CEO Dale Foster’s commitment to inorganic growth. Interwork Acquisition: Executive Perspectives The addition of Interwork brings scale to Wayside, the company said, adding more than 20 new vendor partners, a network of approximately 2,500 value-added resellers (VARs), and an increase in annual gross billings of around 10 percent, Wayside asserts.Īmong the companies’ shared vendors is Acronis, which has come out in support of the deal. The VAD promotes virtualization, cloud computing, security, application and network infrastructure, business continuity/disaster recovery, and other solutions to channel partners.įrom its home base in Toronto, Interwork offers cybersecurity, information management, and network solutions in both Canada and the United States. ![]() Lifeboat Distribution, a Wayside business, is an international value-added distributor. Headquartered in Eatontown, New Jersey, Wayside is an international technology channel company that markets software, hardware, and services – directly and through resellers – to software development and information technology professionals, according to its website. Wayside Acquires Interwork: Business Details ![]()
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