Wireless LAN specialist Trapeze Networks and networking outfit Radware have both been linked to possible deals this week, as M&A activity in vendor-land continues to heat up.
Israel-based Radware’s share price shot up by 38 per cent yesterday after local newspaper Globes claimed it is in talks to be sold to either HP or IBM.
The report, which cited unnamed sources, claimed Alteon would fetch $945m (£609m), netting chief executive Roy Zisapel and his father Yehuda a cool $200m. The NASDAQ-listed firm shot to fame last year when it bought Alteon, Nortel's application delivery arm. Radware hit $35.2m revenue in its most recent quarter.
Trapeze is another outfit rumoured to be in the cross-hairs of a larger rival, with reports suggesting Juniper could unveil a bid for the firm later this month.
This is despite the wireless LAN specialist having been acquired by cabling firm Belden only two years ago for $133m.
The report, which appeared recently on Network World, quoted sources from Trapeze rivals. They claimed Juniper had given them the once-over before settling on Trapeze, and suggested Belden was struggling to get the most out of Trapeze’s technology.
Juniper’s wireless LAN ambitions have been well-documented, with a Financial Times report claiming the networking giant had a lingering look at Trapeze rivals Aruba Networks and Meru Networks back in 2008.
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