Network security company Allot Communications Ltd (NASDAQ:ALLT) is teaming up with notable names in cybersecurity and telecommunications to bring coverage to small and medium businesses.
The Israel-based company will join forces with computer-security giant McAfee Inc and Spanish telecom giant Telefónica SA (NYSE:TEF) to help protect the fixed and mobile networks of smaller-scale businesses. The coverage will include device security, extending to mobile and personal computers.
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"There is a current need in the market to offer an advanced protection service for the fixed and mobile network of companies,” said Jose Luis Gilperez, executive director public administrations, defense and security at Telefónica.
McAfee, a name synonymous with cybersecurity, is a device-to-cloud security company that serves both consumers and businesses. Telefónica is one of the world’s largest broadband and telecommunications providers, serving more than 343 million customers in Europe and Latin America.
Allot and McAfee will combine their security products, Allot’s Network Secure and McAfee Multi Access, to protect users from network threats.
"The Allot and McAfee solution delivers protection everywhere someone connects. Telefonica can potentially achieve very high service penetration ratios for this premium security service. This value-added service provides antivirus and content filtering services on the network and the endpoint device in a unified manner," said Hagay Katz, vice president cybersecurity at Allot, in a press release.
Shares of Allot were up 5% to US$6.07 at market close Wednesday.