1. Radware secures a multi-year agreement with a top SaaS company. 2. The deal involves deploying Radware’s DDoS mitigation solution for enhanced security. 3. Customer faced severe DDoS attacks, necessitating a scalable solution. 4. Radware’s solution was chosen over competitors for its automation and flexibility. 5. Company recognized for DDoS protection capabilities through industry awards.
FAQ
Why Bullish?
Securing a major multi-year agreement indicates strong customer demand and revenue growth potential, reminiscent of similar contracts from successful tech firms, which often positively influence stock prices.
How important is it?
The significant contract with a leading SaaS company enhances Radware's market position, suggesting increased future revenues and positive investor sentiment, vital for stock price movement.
Why Long Term?
The multi-year nature of the contract suggests sustained revenue growth, supporting long-term stock price stability as Radware expands its client base and markets.
Radware Secures Major Customer Win with Multi-Year Agreement
Mahwah, N.J., December 22, 2025 (GLOBE NEWSWIRE) -- Radware® (NASDAQ: RDWR), a global leader in application security and delivery solutions for multi-cloud environments, has announced a significant new customer win. This multi-year, multimillion-dollar agreement is with a leading global enterprise in Software as a Service (SaaS) and IT service management.
Details of the Customer Agreement
Under this agreement, the customer has implemented Radware's DefensePro® DDoS mitigation solution. This deployment aims to safeguard its critical applications and infrastructure from repeated Distributed Denial of Service (DDoS) attacks that have ranged from approximately 30 Gbps to over 600 Gbps. The organization sought a DDoS solution that could provide consistently fast and reliable mitigation, coupled with the scalability it lacked from its previous vendor.
- Multi-year agreement with a top global SaaS company
- Deployment of DefensePro® DDoS mitigation solution
- DDoS attack sizes: 30 Gbps to over 600 Gbps
Factors Influencing the Selection of Radware
The decision to choose Radware was influenced by several key factors related to its architecture, automation capabilities, and flexible deployment options. These features were critical in meeting the customer’s immediate and long-term cybersecurity needs.
“Our new customer had experienced several large-scale DDoS attacks and recognized the need for an effective solution with extremely low time to mitigation,” stated Randy Wood, Senior Vice President of North America Sales at Radware. “The organization faced increasing scalability challenges as its revenue grew tenfold over the past decade, requiring a world-class DDoS solution that offered superior scalability and flexibility—qualities that Radware uniquely fulfills.”
Recognition and Awards
Radware has garnered numerous awards for its DDoS mitigation solutions. Industry analysts from organizations such as G2, PeerSpot, and QKS Group continue to recognize Radware as a market leader in DDoS protection based on customer reviews and satisfaction scores.
About Radware
Radware® (NASDAQ: RDWR) is at the forefront of application security and delivery solutions tailored for multi-cloud environments. The company's advanced security solutions utilize AI-driven algorithms, providing real-time protection against sophisticated cyber threats, including web, application, and DDoS attacks. Businesses globally depend on Radware to address evolving cybersecurity challenges while optimizing their operational costs.
For more information about Radware and its innovative solutions, visit the company’s website.
Forward-looking Statements
This press release contains forward-looking statements that are based on Radware's current expectations and are subject to risks and uncertainties. Factors such as geopolitical tensions, market fluctuations, and operational challenges could influence the actual outcomes and performance of Radware.