February 25, 2015 | The broadband solutions provider Allot Communications announced that it would acquire Optenet for up to $38 million. Optenet provides security as a service solutions (SECaaS). Allot will pay $6.5 million in cash, adding $5.5 million over a period of two years. Additional payments of up to $26 million are expected to be made according to future performance markers, one of which includes a $140 million revenue target in five years. Allot hopes that the acquisition will increase revenue for the company by several million dollars in 2015, as well as non-GAAP profits. Allot Communications was founded in 1996 by Michael Shurman and Yigal Jacoby.