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The RAD Group is a family of independent companies operating autonomously under a common strategic umbrella, each serving specialized markets within the networking and telecommunications industries.
Highlights
§ In 1981, entrepreneur Zohar Zisapel and his brother, Yehuda, decided to form a company that would manufacture data communications products in Israel, and export those products outside the country.
§ By 1987, RAD had reached $10 million in annual sales and received several awards, and the Zisapel brothers decided to start spinning up stand-alone companies to focus on different industry areas.
§ Since then, the Group has spawned more than 185 companies, 8 IPOs and 19 mergers and acquisitions.
§ 2008- Rad Data Communications and Ceragon Networks Ltd, a leading provider of high-capacity wireless backhaul solutions, and a leading provider of access solutions for fixed and mobile operators, joined forces to deliver optimal mobile backhaul networking.
§ 2008-At the Mobile World Congress 2008, RAD won the GSM Association's Global Mobile Award for Best Network Quality Initiative (LA-130 DSL cell-site gateway).
§ Rad Group maintains 23 offices and more than 300 channel partners in 164 countries.
§ Rad Group is currently comprised of 15 companies—six of which are traded on the Nasdaq stock market and the remainder privately held:
§ RAD Data Communications—a privately owned supplier of network access equipment for voice and data applications employs 1,150 people worldwide, 30 percent of whom are involved in R&D. The company’s sales totalled in 2007 were $170 million.
§ Ceragon Networks, a global provider of high-capacity broadband wireless systems, ended 2007 with annual revenues of $161.9 million, up 49% since 2006. The company has offices in a dozen countries.
§ RiT Technologies, a pioneer in intelligent physical layer solutions, had 2007 revenues of $23.4 million.
§ Radware’s award-winning application-smart switches are deployed by thousands of clients worldwide. Radware’s 2007 revenues were $88.6 million, up 9% since 2006.
§ Radvision's video network infrastructure products offer Multipoint Conferencing Units (MCUs), gateways and data collaboration. The company is now under contract to supply the U.S. Department of Defence with infrastructure and equipment for the world's largest videoconferencing network. In 2007, its revenues reached $92 million.
§ SANRAD’s IP storage networks won a 2005 Red Herring Top 100 Europe award, which is given to private companies whose products and services define the future of business innovation.
Returns:
§ Worldwide revenues for the Rad Group were $820 million in 2007. The company employs more than 3500 people.
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