Radware In Talks To Go Private: CNBC

by Anusuya Lahiri, Benzinga Editor
September 14, 2021 7:33 AM | 29 seconds read |
  • Private equity firm Siris Capital is in talks to acquire cybersecurity firm Radware Ltd RDWR, CNBC reports.
  • Radware has a market valuation of $1.7 billion and competes with Cloudflare NET, F5 Networks Inc FFIV, and Akamai Technologies Inc AKAM, protecting corporate websites from attacks by malicious actors.
  • Growing cyber-attacks have helped Cloudflare shares gain 270% in the last year, attracting private equity firm's attention to the business.
  • Price Action: RDWR shares closed higher by 4.28% at $36.52 on Monday.
Market News and Data brought to you by Benzinga APIs

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Comments
Posted In:
M&ANewsSmall CapTechMediaBriefsCNBC
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Popular Channels

Tools & Features

Partners & Contributors

About Benzinga

© 2024 Benzinga | All Rights Reserved