List of acquisitions by Juniper Networks

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Juniper Networks campus in Amsterdam

Juniper Networks, Inc. is an information technology and computer networking products multinational company, founded in 1996. Juniper has its headquarters situated in Sunnyvale, California.[1] The company designs and sells Internet Protocol network products and services. Juniper was founded by Pradeep Sindhu,[2][3] Dennis Ferguson, and Bjorn Liencres[4][5] in February 1996. The company was subsequently reincorporated in Delaware on March 15, 1998[6] and went public on June 25, 1999.[7]

Juniper did not acquire a company for the first three years of its existence. In November 1999, Juniper acquired Layer Five, an intellectual property design firm.[8] The company's US$4 billion acquisition of NetScreen Technologies is its largest purchase.[9] NetScreen had acquired Neoteris before this acquisition. Unisphere, before the Juniper acquisition, initially comprised three other key networking equipment manufacturers: Redstone Communications, Argon Networks, Castle Networks.[10] Siemens had bought Castle Networks for $300 million in 1999 and then combined it with two other acquisitions to form the Unisphere Networks. Before Unisphere's sale to Juniper, Siemens bought back the Castle portion of Unisphere to form its own subsidiary.[11] Most of the companies acquired by Juniper are based in the United States. Juniper made the majority of its acquisitions in 2005. Most of the acquired companies are related to computer networking and associated products. Apart from the complete acquisition of the other companies, Juniper also bought the intellectual property of Nexsi Systems in May 2002.[12] US-based Proxy Networks, Inc., based in Boston, Massachusetts, a unit of de Anda Capital LLC, acquired the Proxy remote control software product line of Juniper Networks in 2006.[13] Proxy Networks has assumed responsibility for the continued development, marketing, sales and support of the Proxy product family, which Juniper acquired as part of its purchase of Funk Software.[14]

Since November 1999, Juniper has acquired over 14 companies.[12] Each acquisition is for the respective company in its entirety, unless otherwise specified. The acquisition date listed is the official announcement date of the agreement between Juniper Networks and the subject of the acquisition. The value of each acquisition is listed in US dollars because Juniper Networks is headquartered in the United States. If the value of an acquisition is not listed, then it is undisclosed. Juniper has officially released the financial details for most of its acquisitions.

Acquisitions[edit]

Acquisition date Company Business Country Value (USD) References
November 15, 1999 Layer Five, Palo Alto, CA.
Founded : 1997
Intellectual property development and licensing  United States US$19 million [8][15]
January 18, 2000 Pacific Advantage Ltd (PAL), Hong Kong.
Founded : 1994
Sales and marketing organization  Hong Kong US$4 million in stock [16][17]
December 11, 2000 Micro Magic Inc., Sunnyvale, CA.
Founded : 1995
ASIC design firm  United States US$260 million in stock and cash [18][19]
November 12, 2001 Pacific Broadband Communications, San Jose, CA.
Founded : 1999
CMTS and broadband solutions  United States US$200 million [20][21]
July 2, 2002 Unisphere Networks, Westford, MA, a subsidiary of Siemens.
Founded : 1999
Networking equipment manufacturer, Edge routers  United States US$585 million, which includes $375 million in cash and 36.5 million shares [22][23]
April 16, 2004 NetScreen Technologies, Sunnyvale, CA.
Founded: 1997
Network security and access solutions and appliances.  United States US$4 billion stock for stock [9][24]
March 29, 2005 Kagoor Networks, San Mateo, CA.
Founded: 2000
Provider of session border control (SBC) products for VoIP networking  United States US$65.7 million [25][26]
April 26, 2005 Peribit Networks, Santa Clara, CA.
Founded: 2000
Wide Area Network (WAN) optimization technology  United States US$337 million in cash, stock and assumed stock options. [27][28]
April 26, 2005 Redline Networks, Campbell, CA.
Founded : 2000
Development of Application Front End (AFE) technology.  United States US$132 million in cash and assumed stock options. [27][28]
October 25, 2005 Acorn Packet Solutions, Mc Lean, VA.
Founded : 2002
Time Division Multiplexing (TDM) and other circuit-based applications across next-generation IP networks.  United States US$8.7 million [29][30]
November 14, 2005 Funk Software, Cambridge, MA.
Founded : 1982
Network access security solutions  United States US$122 million [31][32]
April 8, 2010 Ankeena Networks, Santa Clara, CA.
Founded : 2008
New media infrastructure technology  United States US$100 million

[33] [34]

October 28, 2010 Blackwave Networks, Acton, MA.
Founded : 2008
Video Storage and delivery  United States Undisclosed

[35]

November 16, 2010 Trapeze Networks, Pleasanton, California
Founded : 2002
WLAN systems and management software  United States US$152 million

[36] [37]

December 6, 2010 Altor Networks, Redwood Shores, California
Founded : 2007
Virtual network security  United States US$95 million

[38] [39]

February 22, 2012 Mykonos Software, San Francisco CA
Founded : 2009
Intrusion Deception Systems  United States US$80 million

[40]

February 3, 2013 Webscreen Systems, Bracknell UK
Founded : 2002
dDoS  United Kingdom US$10 million

[41]

Acquisitions summary[edit]

Juniper Networks, Inc. has made 14 acquisitions, although it has not taken stake in any companies. Juniper made 1 divestiture in 2006.

Year Acquisitions Stakes Divestitures
2010 3 0 0
2006 0 0 1
2005 5 0 0
2004 1 0 0
2003 0 0 0
2002 1 0 0
2001 1 0 0
2000 2 0 0
1999 1 0 0
Total 14 0 1

References[edit]

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  2. ^ "Pradeep Sindhu". Forbes. Retrieved January 29, 2009. 
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  9. ^ a b "Juniper Networks Completes Acquisition of NetScreen Technologies and Appoints Frank J. Marshall to the Juniper Networks Board of Directors". Juniper Networks, Inc. April 16, 2004. Retrieved March 5, 2009. 
  10. ^ Schiesel, Seth (June 5, 2000). "New Economy: Acquisitions by the technology companies of start-up small-fry offer a sampler on how deals can go wrong.". The New York Times. Retrieved March 12, 2009. 
  11. ^ "Siemens to buy Chantry Networks". Boston Business Journal. December 9, 2004. Retrieved March 12, 2009. 
  12. ^ a b "Company Background :Acquisitions". Juniper Networks, Inc. Retrieved March 5, 2009. 
  13. ^ "Proxy Networks Inc acquires Juniper Networks Inc-Proxy from Juniper Networks Inc". Thomson Financial. Mar 18, 1999. Retrieved March 5, 2009. 
  14. ^ "Proxy Networks Acquires Proxy Remote Control Software Product Line From Juniper Networks". Juniper Networks, Inc. July 10, 2006. Retrieved March 5, 2009. 
  15. ^ "Juniper Networks Inc acquires Layer Five". Thomson Financial. Retrieved January 29, 2009. 
  16. ^ "Juniper Networks Expands Asia-Pacific Presence With Acquisition of Pacific Advantage Ltd.". Business Wire). January 18, 2000. Retrieved March 5, 2009. 
  17. ^ "Juniper Networks Expands Asia-Pacific Presence with Acquisition of Pacific Advantage Ltd.". Juniper Networks, Inc. January 18, 2000. Retrieved March 5, 2009. 
  18. ^ "Short Take: Juniper to acquire Micro Magic". CNET News. December 11, 2000. Retrieved January 29, 2009. 
  19. ^ "Juniper Networks Deepens Expertise in IP Infrastructure Technology : Completes Acquisition of Micro Magic, Incorporated". Juniper Networks, Inc. December 11, 2000. Retrieved March 5, 2009. 
  20. ^ "CMTS Combo: Juniper to buy Pacific Broadband for $200 M". CedMagazine. Advantage Business Media. November 13, 2001. Retrieved January 29, 2009. 
  21. ^ "Juniper Networks Announces Intent to Acquire Pacific Broadband Communications". Juniper Networks, Inc. November 12, 2001. Retrieved March 5, 2009. 
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  23. ^ "Juniper Networks Completes Acquisition of Siemens' Unisphere Networks Subsidiary". Juniper Networks, Inc. July 2, 2002. Retrieved March 5, 2009. 
  24. ^ "Juniper acquires NetScreen". Network World. February 9, 2004. Retrieved January 29, 2009. 
  25. ^ "Kagoor Buy Gives Juniper VoIP Smarts". Channel Web. March 29, 2005. Retrieved January 29, 2009. 
  26. ^ "Juniper Networks, Inc. to Acquire Kagoor Networks". Juniper Networks, Inc. March 29, 2005. Retrieved March 5, 2009. 
  27. ^ a b "Juniper buys Peribit, Redline to boost stake in enterprise market". Network World. April 26, 2005. Retrieved January 29, 2009. [dead link]
  28. ^ a b "Juniper Networks to Acquire Peribit Networks and Redline Networks". Juniper Networks, Inc. July 2005. Retrieved January 29, 2009. 
  29. ^ "Juniper buys Acorn Packet Solutions". American City Business Journals. October 25, 2005. Retrieved January 29, 2009. 
  30. ^ "Juniper Networks Acquires Acorn Packet Solutions". Juniper Networks, Inc. October 25, 2005. Retrieved March 5, 2009. 
  31. ^ "Juniper acquires access security software". Boston Business Journal). November 14, 2005. Retrieved January 29, 2009. [dead link]
  32. ^ "Juniper Networks to Acquire Funk Software". Juniper Networks, Inc. November 14, 2005. Retrieved March 5, 2009. 
  33. ^ "Juniper to buy media software firm Ankeena". Reuters. April 8, 2010. Retrieved 21 July 2010. 
  34. ^ "Juniper Networks to Acquire Ankeena Networks". Juniper Networks, Inc. April 8, 2010. Retrieved July 21, 2010. 
  35. ^ "JUNIPER NETWORKS ACQUIRES ADVANCED VIDEO DELIVERY TECHNOLOGY FROM BLACKWAVE". Juniper Networks. Nov 28, 2011. Retrieved 8 March 2012. 
  36. ^ Chad Berndtson, CRN (Dec 16, 2010). "Juniper Promises 'Crisp, Clear' Communication On Trapeze Integration". CRN. 
  37. ^ "Juniper Networks to acquire Trapeze Acquisition". Juniper Networks. Nov 16, 2010. Retrieved 22 December 2010. 
  38. ^ Steve Wexler (December 7, 2010). "Altor Strengthens Juniper's Virtualization Security". Network computing. Retrieved 22 December 2010. 
  39. ^ "Juniper Networks announces acquisition of Altor Networks". Juniper Networks. Dec 6, 2010. Retrieved 22 December 2010. 
  40. ^ "JUNIPER NETWORKS ANNOUNCES ACQUISITION OF MYKONOS SOFTWARE". Juniper Networks. Feb 22, 2012. Retrieved 8 March 2012. 
  41. ^ "JUNIPER NETWORKS ACQUIRES WEBSCREEN SYSTEMS". Juniper Networks. Feb 3, 2013. Retrieved 7 July 2013.