Cloud security company Radware have acquired ShieldSquare to expand the former’s product portfolio. As per the terms of the deal, Radware seeks to add ShieldSquare’s bot mitigation prowess in a bid to differentiate in the market as a cloud service provider.
According to Radware, more that 50% of the internet traffic comes from bots which are both good as well as bad. They say that ‘good’ bots play a key role in an application’s operations and organizations should be able to differentiate between the two types in order to make the most of them.
By acquiring ShieldSquare, Radware say that they will be extending their cloud security capabilities and allow enterprises to manage malicious bots that hamper enterprise applications. They say that this product will allow enterprises to leverage Radware’s WAF (Web Application Firewall) services to protect their environments from cyber attacks.
Roy Zisapel, CEO at Radware, believes that the acquisition will allow them to expand their wide range of solutions and deepen their portfolio. He claims that the bot service integrated with their WAF prowess will provide customers with a unique solution to ward off malicious activities.
ShieldSquare are excited with this deal and are looking forward to join Radware’s team. They say that the new solution will enhance Radware’s existing cloud-security suite to protect websites and apps from emerging problems like Data Harvesting, Scrapping Attacks, Account Creation and Account Takeover.
It will be interesting to see how Radware make the most of this acquisition, following DrawBridge’s partnership with CrowdStrike to improve security solutions.