Radware Looking for Acquisitions With $300 Million Cash Pile

Radware Ltd. is looking to spend about $300 million on acquisitions to add to its cybersecurity offerings, Chief Operating Officer Gabi Malka said.

The company, whose technology acts like a traffic cop in computer networks by routing tasks to make sure applications run smoothly, has adapted its products to cloud-based software and added cybersecurity features, like defending against distributed denial-of-service attacks (DDoS). Now it’s on the hunt for companies that can add to its suite of security products, Malka said.