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"We are pleased with our performance during the third quarter and the ongoing strong momentum in our booking flow. During the third quarter we continued to execute well on all fronts, increased our revenues by 25% YoY and 7% sequentially, improved our gross margin and book to bill was once again above 1," said Andrei Elefant, President & CEO of Allot Communications. "We continue to see a strong demand from service provides for revenue generating services. The advanced value added services provided on our Service Gateway Tera continue to gain tractions among Service Provides."
Allot Receives Two Orders for its 100GE Service Gateway Tera and Value-Added Services Totaling $5M finance.yahoo.com
With the larger order coming from a new customer, Allot continues to leverage its unique propositions - deep video analytics and advance security products
The first order comes from a new customer. This Tier-1 operator ordered the Allot Service Gateway Tera with 100GE interfaces and capacity. The operator will be using Allot Service Gateway Tera's extreme scalability to handle very high traffic loads and manage growing subscriber volume and usage. The customer also selected Allot's ServiceProtector to protect against distributed denial of service (DDoS) attacks.
The second order was placed by a Tier-1 operator for Allot ClearSee Data Source and Allot ClearSee Network Analytics. Allot's video analytics will provide the operator with a 360 degree view of usage trends and enable multi-dimensioning by subscriber, network element, content provider, device, video format, resolution and more for improved performance. The operator will also use Allot's solutions to extract and apply contextual marketing promotions across its network to ensure a high quality of experience (QoE) for subscribers using video and other applications.
"Allot helps operators to manage the increasing demand that subscribers are placing on their networks. Allot's solutions allow operators to identify and leverage network intelligence for analyzing and improving service delivery and user experience," said Gary Drutin, Chief Customer Officer at Allot Communications. "We are pleased to see growing adoption of our Service Gateway Tera and Value-Added Services."
Allot ServiceProtector Selected by Five Tier-1 Operators to Secure High Capacity Networks from Evolving Cyber Security Threats finance.yahoo.com
Allot's Anti-DDoS and spam control capabilities helps service providers protect their data networks
In response to growing cyber threats, five Tier-1 operators have selected Allot ServiceProtector to deliver and monetize value-added security offerings to customers. Allot ServiceProtector solution employs state-of-the-art Network and Host Behavior Anomaly Detection (NBAD, HBAD) technologies, scales to Terabit networks and allows to quickly and accurately identify and neutralize security threats before they disrupt service delivery. ServiceProtector Sensor and Mitigation functions are embedded within Allot Service Gateway platforms and Allot NetEnforcer devices to protect service networks against a number of growing threats including DoS/DDoS attacks against customer web services; Zero Day attacks; anomalous traffic impacting network and service performance; anomalous behavior such as spamming, worm propagation, botnet attacks; and malicious user activity such as probing and flooding.
"Network operators are not just delivering bandwidth, they are tasked with protecting and ensuring availability of fixed and mobile broadband networks and the services they deliver to their customers," said Yaniv Sulkes, AVP Marketing at Allot Communications. "Allot is playing a critical role by delivering a high scale security solution that can not only protect performance but also enhance network integrity. By detecting traffic anomalies and instantly blocking, limiting, and isolating offending traffic, Allot can mitigate threats without interrupting legitimate traffic."
Allot Communications Secures Video Optimization Orders from Three New Major Mobile Operators finance.yahoo.com
Allot VideoClass improves video quality of experience and increases viewer satisfaction while reducing video delivery costs by up to 40%
"As multimedia consumption on smartphones, tablets and connected devices becomes more prevalent, mobile operators require powerful QoE management solutions to better monetize dynamic video and web bandwidth demands and to gain control of their networks," said Yaniv Sulkes, AVP Marketing at Allot Communications. "Allot's application and network-aware VideoClass system helps to lower operators' operational expenses and generate new revenue opportunities through tailored charging models, all while enhancing the user experience and increasing overall customer loyalty. These three new customer wins demonstrate our continued market momentum with major operators seeking optimization solutions for their video delivery challenges."
Allot Communications to Acquire Operations of Optenet, a Leading Security-as-a-Service Solution Provider finance.yahoo.com
Optenet's technology and customer base to enhance Allot's security offering for mobile and fixed operators addressing consumer and enterprises security challenges
"Our acquisition of Optenet will help Allot become a leading player in the consumer Security-as-a-Service market," said Andrei Elefant, President & CEO of Allot Communications. "We have been working with Optenet since 2013 and during that time we have won more than 10 service provider customers together, half of which are large tier one operators. In addition to bringing value to stockholders, this strategic move augments our position in the security market, strengthens our network operator value-added services approach, and complements our cloud and enterprise vision."
Strategic Benefits of the Acquisition
The acquisition will significantly broaden Allot's addressable security market potential enabling Allot to become a leading player in the SECaaS consumer market working with mobile operators.
Optenet's products complement Allot's existing security offerings, especially in the market of DDoS protection and anti-malware.
The acquisition provides new monetization opportunities for mobile service providers, enabling them to provide value to both residential and enterprise customers.
The combined offerings present a strong value proposition to Allot customers by adding Optenet's security value-added services to the Allot Service Gateway.
The combined offerings allow Allot to address the rapidly growing security market and operator demand for solutions that protect their customers from threats.
The acquisition is based on an existing successful partnership that has already resulted in ten service provider customer wins, half of which are large tier-1 mobile operators.
Optenet's products complements Allot's offering to cloud operators and large enterprises by enhancing the security capabilities on the gateway to the cloud.
Founded in 1997, Optenet is a pioneer and global leader of enabling SECaaS offerings to the consumer market. Optenet's technology currently protects more than 100 million end users around the globe, including customers of many of the world's leading ISPs, mobile operators, and 500K employees of global enterprise organizations. Optenet's suite of security solution offerings, such as parental control and anti-malware, will be added to the Allot Service Gateway. Optenet's technology will also enhance Allot ServiceProtector, which protects the integrity of large-scale networks by providing a first line of defense against DDoS and zero-day attacks.
Allot Communications Enables an APAC Wholesale Telecom Provider to Deliver DDoS Mitigation Services to CSPs finance.yahoo.com
Allot Service Protector defends managed networks against large scale cyber-attacks while eliminating the need to divert massive data volumes into scrubbing centers
Allot ServiceProtector provides a first line of defense against Distributed Denial of Service (DDoS) with the following features:
Identification and in-line mitigation of large scale attacks scaling up to two Terabits per second
Advanced multi-tenancy capabilities allowing easy delivery of services Granular visibility into attackers and their network targets
Advanced Network Behavior Anomaly Detection (NBAD) including multi-attack vectors detection
Flexible deployment options with distributed detection architecture
Delivered on a unified platform with complementary web security and application control solutions for comprehensive protection
"With the increasing number of DDoS attacks comprised of hundreds of Gbps, our customers are looking for solutions to protect themselves and their customers, and to comply with new security regulations," said Gary Drutin, Chief Customer Officer, Allot Communications. "Allot's network-based security service is a competitive differentiator for telecom providers offering security-as-a-service to their customers."
An unnamed tier-1 Asia-Pac wireline carrier has placed an $8M expansion order covering Allot's (NASDAQ:ALLT) deep packet inspection (DPI) service gateways, Service Protector threat-prevention hardware, and Websafe URL-filtering software. For reference, Allot's Q3 revenue consensus is at $25M.Allot: "This incumbent operator is using Allot's Service Protector in-line solution to protect national critical infrastructure, business communication, and IT infrastructure nationwide against destructive DDoS attacks ... The solution manages and secures traffic of up to two Terabits per second without the need to redirect traffic to a scrubbing center."