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RAD Group

The RAD Group is an conglomerate consisting of a family of independent companies that develop, manufacture, and market solutions for networking, , data communications, and related technologies such as cyber security and industrial . Founded in 1981 by brothers Yehuda Zisapel and in , the group pioneered innovations in data network access and has expanded globally, serving service providers, operators, and government entities with , , and AI-powered products. At its peak, the RAD Group encompassed more than 20 independent , including RAD Data Communications Ltd. as a core entity focused on specialized networking equipment, alongside ventures in life sciences through RAD Biomed and integration services via the Bynet Group. The Zisapel brothers, recognized as forefathers of Israeli high-tech, built the organization on a model of entrepreneurial , where each operates independently while benefiting from shared resources and expertise in voice, data, and secure network technologies. The group's enduring impact stems from its contributions to , earning awards for innovations in , networking, and solutions like the SecFlow platform. With approximately 4,500 employees across 18 worldwide locations, including branches in the United States, the RAD Group—now operating as the RAD-Bynet Group—continues to advance secure, reliable connectivity for critical applications despite the recent passing of its founders in 2023 and 2024.

Founding and Leadership

Founders

The RAD Group was founded by brothers Yehuda Zisapel (1942–2024) and (1949–2023), Israeli entrepreneurs recognized as forefathers of the nation's high-tech industry. Both brothers were born in to Polish immigrant parents and pursued higher education at the , earning B.Sc. and M.Sc. degrees in electrical engineering; they later obtained MBAs from and honorary doctorates from the Technion. Yehuda also served as a math teacher and communications technician during his military service, while Zohar rose to become the youngest head of the electronics department in the ' elite 81st technological unit, where he received the Israel Defense Prize in 1979 for his contributions to electronic research. Yehuda Zisapel initiated his entrepreneurial career before the RAD Group's formation, founding Bitcom Agencies in 1975 as a small marketing products, which later evolved into Bynet Data Communications, a key distributor in the data communications sector. In 1981, the brothers co-founded Data Communications Ltd. as a from Bynet, marking the beginning of the RAD Group and establishing their distinctive approach of nurturing autonomous subsidiaries to drive innovation in and related fields. This emphasized creating independent entities that could operate with entrepreneurial freedom while benefiting from shared resources, ultimately spawning over 100 tech ventures and cultivating 56 entrepreneurs within the ecosystem. Zohar Zisapel passed away on May 20, 2023, at age 74 after a battle with cancer, followed by Yehuda's death on March 10, 2024, at age 82. Their legacies include pioneering the strategy of spinning off autonomous subsidiaries, which positioned the RAD Group as a foundational incubator for Israel's high-tech sector, earning them accolades such as the Technion Medal and the Captains of Industry award. Following their deaths, leadership transitioned to family members and executives, including Yehuda's son Roy Zisapel as CEO of Radware, Zohar's sons and Klil managing inherited shares in entities like Radcom (where Heli Bennun serves as active chairman), ensuring continuity under the third generation of the Zisapel family.

Organizational Structure

The RAD Group functions as a loose of over 20 historically independent high-tech firms, with RAD Data Communications Ltd. providing central oversight while subsidiaries retain substantial operational . This decentralized model fosters by allowing each company to specialize in targeted areas of and related technologies, without the constraints of a traditional corporate . The group's investment and incubation approach, established by founders Yehuda and , emphasizes providing seed capital, technical expertise, and shared resources such as research and development infrastructure to emerging ventures, while limiting ownership to preserve independence. This enables spin-offs to mature autonomously, facilitating paths to public listings or acquisitions without centralized control. Currently, the RAD Group includes approximately 10 active companies employing thousands worldwide, with combined exceeding $1.3 billion as of the last comprehensive report in 2016; its four NASDAQ-listed affiliates—Radware, Networks, RADCOM, and Silicom—alone reported over $788 million in aggregate for 2024. Governance remains family-oriented following the founders' deaths—Yehuda Zisapel in March 2024 and in May 2023—with next-generation members such as Roy Zisapel serving as CEO of Radware and Zohar's children, and Klil Zisapel, holding significant stakes in RADCOM. Absent a formal , the structure operates as a collaborative centered on and cybersecurity, guided by shared strategic principles rather than rigid oversight. Over time, the organization's composition has evolved from around 12 companies in the to a streamlined focus on niche domains including advanced networking, , and cybersecurity solutions.

Historical Development

Early Years (–)

The foundations of the RAD Group trace back to the early , when Yehuda Zisapel began importing and distributing computer networking equipment in to address the growing demand for data communications solutions. This initiative culminated in the establishment of Bynet Data Communications in 1975, which became Israel's leading provider of end-to-end integration services and the first dedicated distributor of data communications technologies in the country. In 1981, brothers Yehuda and Zohar Zisapel, both electrical engineering graduates from the Technion – Israel Institute of Technology, founded RAD Data Communications Ltd. in Tel Aviv, Israel, as a spin-off from Bynet to focus on manufacturing innovative networking products. The company's inaugural product was a compact, power-fed modem that drew its energy from telephone lines, enabling remote powering without a separate supply and marking a breakthrough in accessible data transmission for the era. RAD experienced rapid early growth throughout the , expanding its portfolio to include access multiplexers for aggregating multiple data streams over limited and systems for monitoring infrastructure. These developments targeted carriers and enterprise users seeking efficient solutions for legacy networks, establishing RAD as a key player in management for analog and early systems. As a small startup operating in Israel's nascent high-tech sector, RAD's initial team, drawn from Technion networks, navigated significant challenges including stringent import restrictions on foreign electronics that limited component access and local market development. By prioritizing export-oriented manufacturing and leveraging domestic engineering talent, the company overcame these hurdles to build a foundation for sustained in communications.

Expansion Era (1990s–2000s)

During the 1990s, the RAD Group experienced significant expansion, establishing multiple independent companies focused on telecommunications and networking technologies. This period saw the creation of key affiliates such as RADCOM in 1991, specializing in network performance monitoring; Ceragon Networks in 1996 (initially as Giganet), developing wireless broadband solutions; Radware in 1997, providing application delivery and security; and Radwin in 1997, offering broadband wireless access systems. Silicom, founded in 1987, also saw substantial growth during this decade as a provider of server networking adapters. A landmark event was the 1991 initial public offering (IPO) of LANNET, a RAD Group company specializing in Ethernet and ATM solutions, on NASDAQ, achieving a market valuation of approximately $100 million at the time. These developments positioned the group as a major player in Israel's burgeoning high-tech sector, with a focus on broadband and wireless innovations amid the global rise of internet infrastructure. In the early 2000s, the group continued its growth trajectory with the founding of PacketLight Networks in 2000, which specialized in dense (DWDM) and (OTN) solutions for fiber optic communications. However, the era also involved strategic divestitures, including the 2003 acquisition of RADLAN, a provider of embedded networking software, by Group for $54 million in cash and stock. Similarly, in 2008, principal shareholders sold their entire stake in RiT Technologies, a RAD Group company focused on intelligent infrastructure management, to Russian distributor Stins Coman Group, marking a significant transaction valued in the tens of millions. These moves reflected a maturing portfolio strategy, balancing new ventures with exits to optimize resources. The group's emphasis shifted toward diversified offerings in , backhaul, and emerging technologies during the dot-com boom. The RAD Group's global footprint expanded notably in this era, with offices established across , , the , and other regions to support sales and operations for its telecom solutions. By the mid-2000s, affiliates maintained presence in key markets including (e.g., U.S. subsidiaries), (e.g., offices in the UK and ), and (e.g., and ), facilitating exports and partnerships amid the dot-com era's demand for networking equipment. The dot-com bust in 2000–2002 posed challenges through market consolidation and reduced investments in telecom infrastructure, impacting growth rates across the sector; however, the group's diversified portfolio of independent companies enabled resilience, allowing it to sustain operations and pursue acquisitions without major collapses. This period solidified RAD's role in providing scalable solutions for service providers and enterprises navigating economic volatility.

Modern Evolution (2010s–Present)

In the 2010s, the RAD Group expanded its portfolio into emerging cybersecurity and advanced networking domains. Radiflow, launched in 2009 as part of the group, specialized in industrial cybersecurity solutions to protect such as utilities and manufacturing operations from cyber threats. In 2012, SecurityDAM was established within the RAD-Bynet subgroup to provide distributed denial-of-service (DDoS) protection services, focusing on high-volume mitigation through cloud-based detection and response capabilities. Concurrently, the group began integrating into its networking solutions, enabling AI-powered edge devices for enhanced automation and threat detection in environments. The passing of co-founders in May 2023 at age 74 from cancer and Yehuda Zisapel in March 2024 at age 81 marked a significant transition for the RAD Group. Despite these losses, leadership continuity was maintained through family members and executives, including Roy Zisapel, who holds key roles across subsidiaries, ensuring no reported major operational disruptions. Recent milestones highlight the group's adaptation to next-generation technologies. Subsidiaries have driven growth in 5G infrastructure and cloud security, with RADCOM reporting 19% year-over-year revenue growth to $17.7 million in Q2 2025, fueled by AI-enhanced network analytics for 5G deployments. Radware expanded its global presence in 2025 by launching new cloud application security centers in Tel Aviv, Israel, and Bogotá, Colombia, to deliver localized DDoS mitigation and application protection closer to customers. As of 2025, the RAD Group's current focus emphasizes , security, and optics to support and . Solutions like RAD's carrier edge platforms integrate with embedded security for networks, while optic innovations, including high-capacity for and applications, address demands for reliable, low-latency transport in and beyond. The group employs thousands across its independent companies, sustaining operations amid evolving market needs. Looking ahead, the RAD Group continues investments through RAD Biomed, its venture arm targeting early-stage biomedical and high-tech startups in with funding rounds of $500,000 to $2 million per deal. Amid geopolitical challenges in , such as regional conflicts impacting supply chains and mobility, the group has adapted by leveraging its diversified portfolio and local expertise to maintain innovation and global partnerships.

Affiliated Companies

Current Companies

The RAD Group encompasses a portfolio of 9 active companies focused on networking, telecommunications, cybersecurity, and related technologies, operating independently while benefiting from the group's ecosystem. These entities develop and market solutions for carrier edge, wireless broadband, server infrastructure, and industrial applications, with four publicly traded on NASDAQ: Ceragon Networks (CRNT), Radware (RDWR), RADCOM (RDCM), and Silicom (SIMC). These listed companies contribute to the group's visibility in public markets, with market capitalizations reflecting their roles in global telecom supply chains—Ceragon at around $200 million, Radware at approximately $970 million, RADCOM around $200 million, and Silicom about $85 million as of November 2025. Bynet, founded in 1975, serves as a leading system integrator in and globally, providing end-to-end solutions for data communications, cloud services, and telecommunications infrastructure to enterprises and service providers. RAD Data Communications, established in 1981, specializes in access solutions for carriers and corporate networks, including Ethernet demarcation devices, , and connectivity; in 2025, it launched plug-and-place Smart Business packages to deliver actionable insights for business efficiency, already adopted by a major U.S. . Silicom, founded in 1987, designs and manufactures server network interface cards (NICs), intelligent bypass switches, and adapters, holding a strong position in high-performance server connectivity for cloud and telecom markets. RADCOM, established in 1991, offers cloud-native and platforms for and assurance, with -driven insights for troubleshooting; it reported a 16% year-over-year revenue increase to $18.4 million in Q3 2025, driven by and adoption. Ceragon Networks, founded in 1996 and listed on , leads in solutions, providing and millimeter-wave backhaul systems for mobile operators and enterprises, emphasizing 5G xHaul deployments. Radware, established in 1997 and also -listed, focuses on application delivery and , offering , web application firewalls, and bot management; in 2025, it expanded its global cloud capacity with over 50 centers and new sites in and to counter rising cyber threats (Radware acquired SecurityDAM in 2022, integrating its DDoS scrubbing capabilities). Radwin, founded in 1997, develops broadband wireless access solutions, including point-to-multipoint systems for rural connectivity and private networks, targeting cost-effective last-mile deployment. PacketLight Networks, established in 2000, provides DWDM and OTN solutions for data centers and metro networks, enabling high-capacity optical transport with pluggable transceivers for scalable bandwidth. Radiflow, founded in 2009, specializes in cybersecurity for industrial control systems () and environments, offering threat detection and risk management platforms for . The companies leverage shared resources within the RAD Group, including collaborative R&D in , cybersecurity, and , fostering innovation across domains like and industrial . This synergy supports ongoing growth, as evidenced by subsidiary expansions and the group's historical combined revenues reaching $1.328 billion in 2016.

Former Companies

The RAD Group's former companies represent key early ventures that were divested through mergers, acquisitions, or sales, contributing to the incubator's model of generating returns to support subsequent innovations. One prominent example is LANNET Data Communications, founded in the as a in Ethernet switching technology. LANNET went public via an on in October 1991. In 1995, it merged with Madge Networks in a share swap valued at approximately $317 million. The combined entity was later sold to Technologies in 1998 for $117 million. Another significant divestment was Armon Networking, established in the to develop networking solutions. In , Armon was acquired by for $33 million in cash, integrating its technology into the larger firm's portfolio. RADLAN Computer Communications, launched in the , specialized in embedded Ethernet chips and software for networking devices. It was acquired by Group in 2003 for $54 million, enhancing Marvell's capabilities in networking semiconductors. RIT Technologies, founded in the , focused on physical infrastructure management for data centers and cabling systems. In 2008, Stins Coman Corporation acquired a 41.8% stake in RIT through the purchase of 6.5 million shares from principal shareholders. These exits exemplify the RAD Group's strategy of leveraging divestments to recycle capital into new projects, with proceeds from sales and mergers funding ongoing incubation efforts. According to a study cited by the group, RAD "graduates"—alumni and spin-offs—have collectively established approximately 111 high-tech initiatives, underscoring the long-term impact of such reinvestments.

Impact and Recognition

Industry Significance

The RAD Group's entrepreneurial legacy has profoundly shaped Israel's high-tech landscape, serving as a foundational model for the country's "" ecosystem. A study conducted by more than a decade ago identified the RAD-Bynet Group as having spawned 56 serial entrepreneurs who founded 111 hi-tech initiatives, demonstrating its role in nurturing repeat founders and fostering a culture of innovation through an internal incubator approach. This model, pioneered by founders Yehuda and Zohar in the 1980s, emphasized spinning off independent companies from core technologies, influencing broader venture creation and serial entrepreneurship in , where nearly 10% of global startups by repeat founders originate. Economically, the RAD Group has been instrumental in pioneering data networking technologies in , facilitating significant exports and job creation on a global scale. Established in 1981, the group developed early solutions in and data communications, enabling firms to enter international markets and contributing to the nation's high-tech export boom, which reached tens of billions annually by the . Across its over 20 affiliated companies, the group employs thousands worldwide, with major operations in supporting skilled workforce development in engineering and R&D. While total group revenue was reported at $1.328 billion in 2016, recent figures from its four Nasdaq-listed entities—Radware, Networks, RADCOM, and Silicom—alone exceeded $780 million in 2024, underscoring sustained economic contributions amid evolving market demands. In terms of innovation influence, the RAD Group has advanced key areas such as access technologies, cybersecurity for , and wireless solutions, particularly in transitioning legacy networks to modern architectures. Its solutions have addressed challenges in demarcation, backhaul, and secure IoT deployments, enabling reliable connectivity for service providers and utilities. The group's focus on embedded security and AI-driven networking has further supported cybersecurity for vital sectors like and . The RAD Group's global footprint extends to over 150 countries, where its products serve thousands of customers, including tier-1 service providers and operators, with more than 17 million network elements installed worldwide. This presence has played a role in international standards for Ethernet and , promoting in infrastructure. In 2025, amid heightened geopolitical tensions such as the Israel-Iran , the group's cybersecurity arm, including Radware, has reported a surge in state-sponsored attacks on critical systems, driving growth in detection and solutions.

Awards and Honors

The RAD Group and its affiliated companies have received numerous accolades recognizing their contributions to networking, cybersecurity, and export excellence in the sector. These honors underscore the group's innovative approaches to , industrial security, and global market expansion. In 1994, RAD's founders, Yehuda and , were awarded both the Export Award and the Entrepreneur of the Year Award by Tel Aviv University's School of , acknowledging their pioneering role in 's high-tech export industry and the rapid growth of RAD Data Communications. RAD has consistently earned recognition for its cybersecurity and networking solutions. The company's SecFlow SCADA-Aware Ethernet Switch/Router and Megaplex-4 platform received the Fierce Innovation Cybersecurity Award, highlighting advancements in protecting industrial control systems and from cyber threats. In , RAD's SecFlow Industrial Gateway was named IoT Evolution Product of the Year and Best Intelligent Edge Solution, emphasizing its role in secure, scalable deployments for and sectors. More recently, in 2025, RAD secured two Pipeline Innovation Awards for excellence in Innovation in & Connected Devices and Innovation in Edge Networking, reflecting ongoing leadership in next-generation connectivity solutions amid evolving demands for resilient networks. These awards, along with earlier honors like the MEF 2018 NFV of the Year for the Service Assured vCPE , illustrate the RAD Group's sustained impact on virtualized network functions and broadband innovation.

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