Monday, July 4, 2011

[Calcalist] Rumors - F5 to Buy Allot for $450-500M

The Israeli news site, Calcalist, says today that "During the recent 2 months, Allot's management negotiated with F5 its sale for $450-500M, but a deal hasn’t been concluded. Allot refused to comment".

See here (Hebrew).

These rumors explain, according to Calcalist, the recent rally of Allot's (NASDAQ:ALLT) shares (+14% - see 5 days chart below).

Earlier this year, F5 announced a partnership with Procera, Allot's competitor (here).

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