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Allot Communications reaches deal with Swiftel Networks

Allot will provide Swiftel with a distributed denial-of-service (DDoS) protection system to offer it as a service across their broad network of internet service provider and enterprise customers

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Revenues from the DDoS security system will be shared between the two companies

Allot Communications Ltd (NASDAQ:ALLT), the network security provider, announced Monday that it has partnered with the tech company Swiftel Networks, a provider of global network and IP transit, in a new deal to thwart cyber attacks.

As part of the agreement, Allot will provide Swiftel with a distributed denial-of-service (DDoS) protection system to offer it as a service across their broad network of internet service provider and enterprise customers.

Allot’s DDoS security-as-a service system provides an additional opt-in layer of protection on top of the existing transit link service purchased from Swiftel Networks. The system is groundbreaking as it provides DDoS and deep packet inspection (DPI) in a cloud-scrubbing center.

Revenues from the DDoS security system will be shared between the two companies.

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DDoS attacks, a type of cyber attack which occurs when multiple systems flood the bandwidth or resources of a targeted system, have grown exponentially over the past year.

To combat these attacks, Swift has teamed up with Allot. “After testing several vendors’ capabilities, we found Allot to be the only vendor that has both DPI and DDoS protection with the fastest mitigation working in both directions,” noted Ahad Aboss, head of global infrastructure, Cloud and IoT at Swiftel.

READ: Barclays upgrades Allot Communications shares to Equal Weight, boosts price target by 20%

Daniel Keidar, a vice-president for solution architecture, with Allot, added: “Placing a scrubbing center with both DPI and DDoS functionality in the cloud is revolutionary. By doing so, Swiftel is poised to truly disrupt the IP Transit market with this Allot-powered DPI and DDoS Secure cloud-based turn-key solution,” he said.

“We are enabling Swiftel to provide a low cost, reliable and secure transit network to their customers,” Keidar said.

To create this system for Swiftel, Allot incorporated its DDoS Secure solution for mobile, fixed and cloud service providers with an added deep packet inspection and root cause intelligence. Swiftel’s network of customers and partners will benefit from detailed attack forensics and analytics. They will also reap the benefits of the system’s ability to mitigate DDoS attacks and neutralize outbound threats before they affect network service.

Allot shares jumped 1.7% in Monday’s pre-market session to $6.52.

Contact Ellen Kelleher at ellen@proactiveinvestors.com

 

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Price: 13.83 USD

NASDAQ:ALLT
Market: NASDAQ
Market Cap: $486.99 m
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