Beer Sheva, Israel, May 31, 2014 --(PR.com
)-- RAD has launched its “RAD Negev” subsidiary, which will serve as an advanced R&D center for developing programmable network solutions.
Located in Beer Sheva, the “capital” of Israel’s Negev region, the initiative is being funded jointly by RAD and the Office of the Chief Scientist, an agency within the country’s Ministry of Economics, which together are investing approximately $32 million in the project over the next three years.
Thirty software engineers have already been hired to work in the new facility, and 20 more are expected to join them by the end of this year. RAD has set a goal of employing more than 100 engineers within three years in this new facility.
In the past several quarters RAD has experienced a growth in demand for its advanced communication solutions. The rapid recruitment of employees is intended to boost the company’s R&D as the world of communications migrates to virtualized applications and networking solutions. This change is coming about because the traditional relationship between network functions and dedicated hardware is being undone by Software Defined Networking (SDN) and Network Functions Virtualization (NFV) technologies.
“This new R&D center will help us accelerate our roadmap to differentiating innovation,” states RAD president and CEO Dror Bin. “Our goal is to recruit talented developers from the area in order to continue to strengthen our market advantage and industry leadership.”
RAD is a global telecom access solutions and products vendor. Our customers are top-tier service providers, power utilities and transportation companies. RAD is at the forefront of pioneering technologies such as Distributed NFV, hardware-miniaturization, and timing synchronization over packet-switched networks. For service providers, we offer Service Assured Access solutions designed to improve the way they compete: Better QoE to reduce churn, service agility to minimize time to revenue, and complete visibility of network performance for greater operational efficiency. In addition, we provide an economical migration path to virtualization and application awareness. For power utilities and transportation vertical markets, our Service Assured Networking solutions include best-of-breed tools for high security and mission-critical communications, mobility, and seamless migration to modern packet-switched networks and applications. With over 30 years of operation, a significant worldwide presence in over 150 countries, and an installed base of more than 12 million units, we are both experienced and very committed to make the projects we take successful. RAD is a member of the $1.2 billion RAD Group of companies, a world leader in telecommunications solutions. RAD Data Communications site: www.rad.com Twitter: http://twitter.com/RADdatacomms