Play selects Allot’s DNS Secure for fixed broadband security

HOD HASHARON, ISRAEL - Play, a leading convergent operator in Poland, has selected Allot Ltd.’s (NASDAQ:ALLT) (TASE:ALLT) DNS Secure solution to provide cybersecurity protection for its fixed broadband customers, according to a press release statement. The company, currently trading at $8.62 with a market capitalization of $402.54 million, has shown remarkable momentum with a 198% return over the past year. InvestingPro analysis indicates the stock is currently trading above its Fair Value.

The agreement, signed in April 2025, expands on the existing relationship between the companies. Play previously deployed Allot’s NetworkSecure cybersecurity services for its mobile customers in 2021. With a healthy gross profit margin of 69.17% and strong liquidity position, Allot demonstrates solid operational efficiency. For deeper insights into Allot’s financial health and growth prospects, InvestingPro subscribers have access to over 10 additional exclusive ProTips and comprehensive financial metrics.

DNS Secure provides protection against cyber threats including malware and phishing, while offering content filtering capabilities. The solution is designed for communication service providers looking to deploy security for fixed broadband subscribers with minimal network impact.

"The Play team is very satisfied with Allot’s NetworkSecure solution for mobile customers, which is why we decided to expand and make Allot services available to our fixed broadband customers as well," said Artur Dominiak, Director Home Services at Play.

Amir Oren, VP Sales for EMEA at Allot, noted that the company’s partnership with Play "goes beyond products and services" and that they are "invested in their success and in the satisfaction of their customers."

The deployment will enable Play to offer a unified, converged user experience for both fixed broadband and mobile customers through Allot Security Management.

Allot describes itself as a provider of converged cybersecurity solutions and network intelligence for service providers and enterprises. The company reports its solutions are deployed by over 500 mobile, fixed and cloud service providers and more than 1000 enterprises globally. Operating with moderate debt levels and generating annual revenue of $93.45 million, analysts expect improved profitability this year. Get the complete picture with the detailed Pro Research Report, available exclusively on InvestingPro.

In other recent news, Allot Ltd. announced a proposed public offering of its ordinary shares to address its debt obligations. The company plans to utilize the net proceeds to repay $31.41 million of principal outstanding under a senior unsecured convertible promissory note held by its largest shareholder, Lynrock Lake Master Fund LP. Additionally, Lynrock has agreed to convert the remaining $8.59 million of principal into ordinary shares, which will result in Allot having no outstanding debt for borrowed money. The company expects to grant underwriters a 30-day option to purchase up to an additional 15% of the ordinary shares at the public offering price. TD Cowen and William Blair are serving as joint book-running managers for this offering, with Needham & Company acting as lead manager. The public offering is being conducted under an effective shelf registration statement previously filed with the U.S. Securities and Exchange Commission. Lynrock will enter into a 75-day lock-up agreement with the underwriters regarding its ordinary shares, including those issued upon conversion of the note. The offering is subject to market conditions, and there is no assurance regarding its completion or the terms.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.