Radware to buy ShieldSquare to expand cloud security portfolio

Radware, a Mahwah-based provider of cybersecurity and application delivery solutions, announced it has agreed to acquire ShieldSquare, a bot management solutions provider.

The deal is expected to close in the first quarter of 2019.

“This acquisition allows us to expand our portfolio with robust bot management solutions that strongly fit our strategic goal to continue and deepen our integrated portfolio, organically and inorganically. Bot management can stand alone as product offerings as well as integrate into our suite of attack mitigation solutions,” Radware CEO Roy Zisapel said. “We chose ShieldSquare because of their strong technology synergy, advanced machine learning capabilities, and the opportunity to expand Radware’s existing cloud security services. These Bot-Management services along with Radware’s Cloud WAF services offer comprehensive protection of applications. We are excited to welcome the ShieldSquare team into the Radware family.”

Radware said it will offer ShieldSquare’s bot product under its new Radware Bot Manager product line.

“More than 50 percent of the internet traffic today comes from bots, and while we’ve seen an increase in bot-based attacks in recent years, ‘good’ bots still play an important role in applications’ operations,” David Aviv, Radware chief technology officer, said. “As such, organizations need to look for bot management solutions that not only effectively detect and mitigate bot attacks, but also can accurately distinguish between ‘good’ and ‘bad’ bots in real-time.”

The new solutions will be able to enhance Radware’s existing cloud security protection and be able to cover more e-commerce attacks.