Broadcom Partners with Allot to Offer Symantec PacketShaper Customers a Smooth Transition to Allot Secure Service Gateway
March 23 2020 - 6:56AM
Allot Ltd. (NASDAQ: ALLT) (TASE: ALLT), a leading global provider
of innovative network intelligence and security-as-a-service
(SECaaS) solutions for communication service providers and
enterprises, today announced that it was chosen by Broadcom as the
recommended vendor to offer a transition path from the discontinued
PacketShaper line of products to the Allot Secure Service Gateway
(SSG).Following their Broadcom acquisition, the Symantec Enterprise
Division has chosen to End of Sale the PacketShaper line of
products to concentrate their investment in the Enterprise Security
Software market. Consequently, they’ve announced that the
PacketShaper products are designated as End of Life (EoL) as of 31
March, 2020. As part of the partnering agreement, Allot is offering
attractive financial terms and discounts for product replacements
to help customers transition from Symantec PacketShaper to
equivalent Allot products. These terms will be offered throughout
2020.The Allot SSG, running the Allot Traffic Intelligence and
Assurance Platform, offers similar network efficiency with network
visibility and control, plus additional capabilities, which
include: up to 150Gbps throughput and 600,000 policies on a
single device, centralized management, TCP optimization, inbound
and outbound DDoS and Anti-bot protection and Web Security
including URL Filtering and Anti-malware protection.“In multiple
meetings with the Allot team I’ve been impressed by their
commitment to the Traffic Management market and developing
best-of-breed technology for their customers,” said Kevin O’Leary,
VP of R&D for the Symantec Enterprise Division of Broadcom.
“Their dedication to customer service is equally impressive. I’m
quite confident that any Symantec customers that takes advantage of
their rich offer will quickly learn why I think this is right for
them.”“We consider it a privilege to have been selected by Broadcom
to offer our high-quality, feature-rich Traffic Intelligence and
Assurance solutions to PacketShaper customers. We look at this
partnership as a great opportunity for Symantec customers who need
continuity in their network management. I hope that we can make
them feel at home at Allot,” said Tomer Egozi, VP Sales, Global
Enterprise at Allot.Broadcom customers and partners who would like
more information about the transition are encouraged to visit
Allot.com and register to qualify for special terms and discounts.
###
Additional Resources:Allot Blog:
https://www.allot.com/blog
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About AllotAllot Ltd. (NASDAQ: ALLT, TASE: ALLT) is a
provider of leading innovative network intelligence and security
solutions for service providers and enterprises worldwide,
enhancing value to their customers. Our solutions are deployed
globally for network and application analytics, traffic control and
shaping, network-based security services, and more. Allot’s
multi-service platforms are deployed by over 500 mobile, fixed and
cloud service providers and over 1000 enterprises. Our
industry-leading network-based security as a service solution has
achieved over 50% penetration with some service providers and is
already used by over 23 million subscribers in Europe.
Allot. See. Control. Secure.
Forward-Looking StatementThis release contains
forward-looking statements, which express the current beliefs and
expectations of company management. Such statements involve a
number of known and unknown risks and uncertainties that could
cause our future results, performance or achievements to differ
significantly from the results, performance or achievements
expressed or implied by such forward-looking statements. Important
factors that could cause or contribute to such differences include
risks relating to: acceptance of our products by our reseller and
customer in EMEA, our ability to compete successfully with other
companies offering competing technologies; the loss of one or more
significant customers; consolidation of, and strategic alliances
by, our competitors, government regulation; lower demand for key
value-added services; our ability to keep pace with advances in
technology and to add new features and value-added services;
managing lengthy sales cycles; operational risks associated with
large projects; our dependence on third-party channel partners for
a material portion of our revenues; and other factors discussed
under the heading "Risk Factors" in the Company's annual report on
Form 20-F filed with the Securities and Exchange Commission.
Forward-looking statements in this release are made pursuant to the
safe harbor provisions contained in the Private Securities
Litigation Reform Act of 1995. These forward-looking statements are
made only as of the date hereof, and the Company undertakes no
obligation to update or revise the forward-looking statements,
whether as a result of new information, future events or
otherwise.
Seth Greenberg
Allot
0549222294
sgreenberg@allot.com
Ashley Ray
Fusion PR for Allot
ashley.ray@fusionpr.com
Ehud Helft / Gavriel Frohwein
Allot Investor Relations
+1-646-688-3559
Allot@gkir.com
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