Last €9.57 EUR
Change Today +0.031 / 0.32%
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As of 2:08 AM 07/25/14 All times are local (Market data is delayed by at least 15 minutes).

allot communications ltd (AG6) Snapshot

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01/16/14 - €12.45
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04/16/14 - €8.55
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allot communications ltd (AG6) Details

Allot Communications Ltd. develops, markets, and sells intelligent Internet protocol service optimization solutions in the Americas, the Middle East, Africa, Europe, Asia, and Oceania. The company offers various platforms, including Allot Service Gateway platform that integrates network intelligence, policy enforcement, and revenue-generating services for fixed, mobile, and converged broadband networks; and Allot NetEnforcer, a bandwidth management device, which monitors and manages network traffic. It also provides subscriber management platform consisting of Allot TierManager, Allot QuotaManager, and Allot ChargeSmart, which drives the centralized creation, provisioning, and pricing of subscriber services; and analytics solutions comprising Allot Data Mediator and Allot Proactive Analytics that analyze traffic data. In addition, it offers media caching and video optimization platforms, including Allot MediaSwift E and Allot VideoClass for over-the-top video delivery; and security solutions comprising Allot WebSafe and Allot ServiceProtector for protecting network service integrity and brand reputation. Further, the company offers centralized management solutions, such as NetXplorer Analytics and Reporting, NetXplorer Data Collector, NetAccounting Server, and NetPolicy Provisioner for providing a central access point for network-wide monitoring, reporting, analytics, troubleshooting, accounting, and quality of service policy provisioning. It markets and sells its products through direct sales, distributors, resellers, original equipment manufacturers, and system integrators to carriers, mobile operators, cable operators, educational institutions, governments, and enterprises, as well as wireless, wireline, and satellite Internet service providers. The company was formerly known as Ariadne Ltd. and changed its name to Allot Communications Ltd. in September 1997. The company was founded in 1996 and is based in Hod-Hasharon, Israel.

430 Employees
Last Reported Date: 03/27/14
Founded in 1996

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allot communications ltd (AG6) Key Developments

Allot Communications Ltd. Receives Order from Tier-1 Mobile Operator in EMEA for Analytics and App-Centric Plans

Allot Communications Ltd. announced that it received an order from a Tier-1 mobile operator in EMEA for the Allot Policy Control and Charging solution. The operator is leveraging Allot's policy control and charging solution to provide 4 million subscribers with application-centric plans that fit their digital lifestyle. The solution will allow the Tier-1 mobile operator to conduct in-depth monitoring and usage reporting and launch innovative plans for its subscribers. Among the application-centric plans, this operator will offer zero-rated plans for video streaming services and social media services. The operator is planning to offer zero-rated plans at specific times during the day.

Allot Communications Receives Non-Compliance Notice From NASDAQ

Allot Communications Ltd. announced that on July 16, 2014 it received a notice of deficiency from NASDAQ Stock Market (NASDAQ). The non-compliance cited by NASDAQ is the result of the previously-announced departure of Mr. Dov Baharav from the company's board of directors. With the departure of Mr. Baharav, the company is currently not in compliance with NASDAQ Stock Market Listing Rule 5605(b)(1), which requires the company's board of directors to be comprised of a majority of independent directors, and NASDAQ Listing Rule 5605(c)(2), which requires the company's audit committee to be comprised of at least three independent directors. The Notice indicated that, consistent with NASDAQ Stock Market Listing Rules 5605(b)(1)(A) and 5605(c)(4), NASDAQ will provide the company a cure period in order to regain compliance within the time period set forth in those rules. Accordingly, the company intends to hold a meeting of its shareholders to elect one or more new directors who will be independent under the NASDAQ Stock Market Listing Rules and, once elected, to appoint such director to serve as a member of the audit committee within the time period specified in the Notice.

Dov Baharav to Step Down as Board Member of Allot Communications Ltd, Effective July 16, 2014

Allot Communications Ltd. announced that Dov Baharav, a member of the company's board of directors since 2013, advised the company that he has decided to step down from the company's board of directors effective July 16, 2014 due to increasing time commitments in connection with his recent appointment as chairman of Gilat Satellite Networks Ltd. Mr. Baharav also served as a member of the company's compensation and nomination committee and audit committee.


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