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[[Juniper Networks, Inc.]] is an [[information technology]] and [[computer networking]] products [[multinational]] company, founded in 1996 and with head quarters in [[Sunnyvale, California|Sunnyvale]], [[California]].<ref>{{cite web|url=http://finance.yahoo.com/q/pr?s=JNPR|title=Juniper Networks, Inc. (JNPR) :Profile|publisher=Yahoo! Finance|accessdate=2009-03-05}}</ref> The company designs and sells [[Internet Protocol]] network products and services. Juniper was founded by [[Pradeep Sindhu]],<ref>{{cite web|url=http://people.forbes.com/profile/pradeep-sindhu/46694|title=Pradeep Sindhu|publisher=Forbes.com|accessdate=2009-01-29}}</ref><ref name=interview>{{cite web |url=http://www.sfgate.com/cgi-bin/article.cgi?file=/chronicle/archive/2004/03/14/BUGLV5J9OR1.DTL |title=On the record: Scott Kriens and Pradeep Sindhu |accessdate=2008-06-11 |last= |first= |coauthors= |date= |work= |publisher=SanFrancisco Cronicle(sfgate.com)}}</ref> Dennis Ferguson, and Bjorn Liencres<ref>{{cite web|url=http://72.14.235.132/search?q=cache:F66ILWyceBYJ:www.juniper.net/company/newsletter/feature_article_060301a.html+juniper+networks+Dennis+Ferguson&hl=en&ct=clnk&cd=2&gl=in|title=Feature Article: Juniper Networks Celebrates 10 Years of Innovation|publisher=Juniper Networks|accessdate=2009-03-12}}</ref><ref>{{cite web|url=http://www.allbusiness.com/technology/software-services-applications-internet/6470930-1.html|title=Juniper Networks Opens New Delhi Office; GrowingGlobal Presence Positions Juniper Networks to...|date=July 14 2000 |publisher=Business Wire |accessdate=2009-03-12}}</ref> in February 1996. The company was subsequently reincorporated in [[Delaware]] on March 15, 1998<ref>{{cite web|url=http://www.juniper.net/us/en/local/pdf/annual-reports/juniper-financial-statements-1999.pdf|title=Juniper Networks: 1999 Consolidated financial statements|publisher=Juniper Networks|pages=13|accessdate=2009-03-12}}</ref> and went public on June 25, 1999.<ref>{{cite web|url=http://72.14.235.132/search?q=cache:HFgPa7PXMpcJ:www.es-es.juniper.net/company/investor_relations/investor_faqs/index.html+juniper+networks+reincorporated+March+1998&hl=en&ct=clnk&cd=6&gl=in|title=Investor FAQs|publisher=Juniper Networks (cached by Google)|accessdate=2009-03-12}}</ref>
[[Juniper Networks, Inc.]] is an [[information technology]] and [[computer networking]] products [[multinational]] company, founded in 1996 and with head quarters in [[Sunnyvale, California|Sunnyvale]], [[California]].<ref>{{cite web|url=http://finance.yahoo.com/q/pr?s=JNPR|title=Juniper Networks, Inc. (JNPR) :Profile|publisher=Yahoo! Finance|accessdate=2009-03-05}}</ref> The company designs and sells [[Internet Protocol]] network products and services. Juniper was founded by [[Pradeep Sindhu]],<ref>{{cite web|url=http://people.forbes.com/profile/pradeep-sindhu/46694|title=Pradeep Sindhu|publisher=[[Forbes]]|accessdate=2009-01-29}}</ref><ref name=interview>{{cite web |url=http://www.sfgate.com/cgi-bin/article.cgi?file=/chronicle/archive/2004/03/14/BUGLV5J9OR1.DTL |title=On the record: Scott Kriens and Pradeep Sindhu |accessdate=2008-06-11 |last= |first= |coauthors= |date= |work= |publisher=[[The San Francisco Chronicle]]}}</ref> Dennis Ferguson, and Bjorn Liencres<ref>{{cite web|url=http://72.14.235.132/search?q=cache:F66ILWyceBYJ:www.juniper.net/company/newsletter/feature_article_060301a.html+juniper+networks+Dennis+Ferguson&hl=en&ct=clnk&cd=2&gl=in|title=Feature Article: Juniper Networks Celebrates 10 Years of Innovation|publisher=Juniper Networks, Inc.|accessdate=2009-03-12}}</ref><ref>{{cite web|url=http://www.allbusiness.com/technology/software-services-applications-internet/6470930-1.html|title=Juniper Networks Opens New Delhi Office; GrowingGlobal Presence Positions Juniper Networks to...|date=July 14 2000 |publisher=[[Business Wire]] |accessdate=2009-03-12}}</ref> in February 1996. The company was subsequently reincorporated in [[Delaware]] on March 15, 1998<ref>{{cite web|url=http://www.juniper.net/us/en/local/pdf/annual-reports/juniper-financial-statements-1999.pdf|title=Juniper Networks: 1999 Consolidated financial statements|publisher=Juniper Networks, Inc.|pages=13|accessdate=2009-03-12}}</ref> and went public on June 25, 1999.<ref>{{cite web|url=http://72.14.235.132/search?q=cache:HFgPa7PXMpcJ:www.es-es.juniper.net/company/investor_relations/investor_faqs/index.html+juniper+networks+reincorporated+March+1998&hl=en&ct=clnk&cd=6&gl=in|title=Investor FAQs|publisher=Juniper Networks, Inc. (cached by Google)|accessdate=2009-03-12}}</ref>


Juniper did not acquire a company for the first three years of its existence, but in November 1999, Juniper acquired Layer Five, an Intellectual property design firm.<ref name="jnprlayerfive" /> The company's largest acquisition is the purchase of NetScreen Technologies for [[US$]] 4 billion.<ref name="jnprnetscreen" /> NetScreen had acquired Neoteris prior to this acquisition. Unisphere, before the Juniper acquisition, was initially comprised of three other key networking equipment manufacturers : Redstone Communications, Argon Networks, Castle Networks.<ref>{{cite web|url=http://query.nytimes.com/gst/fullpage.html?res=9F00E3D71F3CF936A35755C0A9669C8B63|title=NEW ECONOMY: Acquisitions by the technology companies of start-up small-fry offer a sampler on how deals can go wrong.|date=June 5, 2000|publisher=The NewYork Times (nytimes.com)|accessdate=2009-03-12}}</ref> [[Siemens]] had bought Castle Networks for $300 million in 1999 and then combined it with two other acquisitions to form the Unisphere Networks. Prior to Unisphere's sale to Juniper, Siemens bought back the Castle portion of Unisphere to form its own subsidiary.<ref>{{cite web|url=http://www.bizjournals.com/boston/stories/2004/12/06/daily54.html|title=Siemens to buy Chantry Networks|date=December 9, 2004|publisher=Boston Business Journal|accessdate=2009-03-12}}</ref> The majority of companies acquired by Juniper are based in the United States. Juniper made most number of its acquisitions in 2005. It did not make any more acquisitions after 2006. 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.<ref name="acquire" /> US based Proxy Networks Inc, based in Cambridge, MA, a unit of de Anda Capital LLC, acquired the Proxy Remote Control software product line of Juniper Networks in 2006.<ref>{{cite web|url=http://www.alacrastore.com/deal-snapshot/Proxy_Networks_Inc_acquires_Juniper_Networks_Inc_Proxy_from_Juniper_Networks_Inc-455484|title=Proxy Networks Inc acquires Juniper Networks Inc-Proxy from Juniper Networks Inc|date=Mar 18, 1999 |publisher=alcara store|accessdate=2009-03-05}}</ref> 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.<ref>{{cite web|url=http://www.juniper.net/us/en/company/press-center/press-releases/2006/pr-060710a.html|title=Proxy Networks Acquires Proxy Remote Control Software Product Line From Juniper Networks|date=July 10, 2006|publisher=Juniper Networks|accessdate=2009-03-05}}</ref>
Juniper did not acquire a company for the first three years of its existence, but in November 1999, Juniper acquired Layer Five, an Intellectual property design firm.<ref name="jnprlayerfive" /> The company's largest acquisition is the purchase of NetScreen Technologies for [[US$]] 4 billion.<ref name="jnprnetscreen" /> NetScreen had acquired Neoteris prior to this acquisition. Unisphere, before the Juniper acquisition, was initially comprised of three other key networking equipment manufacturers: Redstone Communications, Argon Networks, Castle Networks.<ref>{{cite web|url=http://query.nytimes.com/gst/fullpage.html?res=9F00E3D71F3CF936A35755C0A9669C8B63|title=NEW ECONOMY: Acquisitions by the technology companies of start-up small-fry offer a sampler on how deals can go wrong.|date=June 5, 2000|publisher=[[The New York Times]] |accessdate=2009-03-12}}</ref> [[Siemens]] had bought Castle Networks for $300 million in 1999 and then combined it with two other acquisitions to form the Unisphere Networks. Prior to Unisphere's sale to Juniper, Siemens bought back the Castle portion of Unisphere to form its own subsidiary.<ref>{{cite web|url=http://www.bizjournals.com/boston/stories/2004/12/06/daily54.html|title=Siemens to buy Chantry Networks|date=December 9, 2004|publisher=[[Boston Business Journal]]|accessdate=2009-03-12}}</ref> The majority of companies acquired by Juniper are based in the United States. Juniper made the most number of its acquisitions in 2005. It did not make any more acquisitions after 2006. 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.<ref name="acquire" /> US based Proxy Networks Inc, based in Cambridge, MA, a unit of de Anda Capital LLC, acquired the Proxy Remote Control software product line of Juniper Networks in 2006.<ref>{{cite web|url=http://www.alacrastore.com/deal-snapshot/Proxy_Networks_Inc_acquires_Juniper_Networks_Inc_Proxy_from_Juniper_Networks_Inc-455484|title=Proxy Networks Inc acquires Juniper Networks Inc-Proxy from Juniper Networks Inc|date=Mar 18, 1999 |publisher=[[Thomson Financial]]|accessdate=2009-03-05}}</ref> 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.<ref>{{cite web|url=http://www.juniper.net/us/en/company/press-center/press-releases/2006/pr-060710a.html|title=Proxy Networks Acquires Proxy Remote Control Software Product Line From Juniper Networks|date=July 10, 2006|publisher=Juniper Networks, Inc.|accessdate=2009-03-05}}</ref>


Juniper has acquired over 11 companies till November 2005.<ref name="acquire">{{cite web|url=http://www.juniper.net/us/en/company/profile/history/|title=Company Background :Acquisitions|publisher=Juniper Networks|accessdate=2009-03-05}}</ref> 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.
Since November 1999, Juniper has acquired over 11 companies<ref name="acquire">{{cite web|url=http://www.juniper.net/us/en/company/profile/history/|title=Company Background :Acquisitions|publisher=Juniper Networks, Inc.|accessdate=2009-03-05}}</ref> 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.
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! Acquisition date
! Acquisition date
! Company
! Company
! Business
! class="unsortable"| Business
! Country
! Country
! Value ([[United States Dollar|USD]])
! Value ([[United States Dollar|USD]])
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| {{USA}}
| {{USA}}
|align="center"| [[US$]] 19 million
|align="center"| [[US$]] 19 million
|align="center"|<ref>{{cite web|url=http://www.alacrastore.com/storecontent/Thomson_M&A/Juniper_Networks_Inc_acquires_Layer_Five-942721020|title=Juniper Networks Inc acquires Layer Five |accessdate=2009-01-29}}</ref><ref name="jnprlayerfive">{{cite web|url=http://www.juniper.net/us/en/company/press-center/press-releases/1999/pr-991115.html|title=Juniper Networks, Inc. Strengthens Expertise in Building the New IP Infrastructure|date= November 15, 1999|publisher=Juniper Networks|accessdate=2009-03-05}}</ref>
|align="center"|<ref>{{cite web|url=http://www.alacrastore.com/storecontent/Thomson_M&A/Juniper_Networks_Inc_acquires_Layer_Five-942721020|title=Juniper Networks Inc acquires Layer Five |accessdate=2009-01-29|publisher=[[Thomson Financial]]}}</ref><ref name="jnprlayerfive">{{cite web|url=http://www.juniper.net/us/en/company/press-center/press-releases/1999/pr-991115.html|title=Juniper Networks, Inc. Strengthens Expertise in Building the New IP Infrastructure|date= November 15, 1999|publisher=Juniper Networks, Inc.|accessdate=2009-03-05}}</ref>
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| {{dts|link=off|2000|01|18}}
| {{dts|link=off|2000|01|18}}
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| {{HKG}}
| {{HKG}}
|align="center"| [[US$]] 4 million in stock
|align="center"| [[US$]] 4 million in stock
|align="center"|<ref>{{cite web|url=http://www.internetnews.com/bus-news/article.php/286611|title=Juniper Networks Buys Hong Kong Marketing Firm|date=January 18, 2000|publisher=InternetNews.com|accessdate=2009-03-05}}</ref><ref>{{cite web|url=http://www.juniper.net/us/en/company/press-center/press-releases/2000/pr-000118a.html|title=Juniper Networks Expands Asia-Pacific Presence with Acquisition of Pacific Advantage Ltd.|date=January 18, 2000|publisher=Juniper Networks|accessdate=2009-03-05}}</ref>
|align="center"|<ref>{{cite web|url=http://www.internetnews.com/bus-news/article.php/286611|title=Juniper Networks Buys Hong Kong Marketing Firm|date=January 18, 2000|publisher=Internet News (WebMediaBrands Inc.)|accessdate=2009-03-05}}</ref><ref>{{cite web|url=http://www.juniper.net/us/en/company/press-center/press-releases/2000/pr-000118a.html|title=Juniper Networks Expands Asia-Pacific Presence with Acquisition of Pacific Advantage Ltd.|date=January 18, 2000|publisher=Juniper Networks, Inc.|accessdate=2009-03-05}}</ref>
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| {{dts|link=off|2000|12|11}}
| {{dts|link=off|2000|12|11}}
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| {{USA}}
| {{USA}}
|align="center"| [[US$]] 260 million in stocks and cash
|align="center"| [[US$]] 260 million in stocks and cash
|align="center"|<ref>{{cite web|url=http://news.cnet.com/Short-Take-Juniper-to-acquire-Micro-Magic/2110-1033_3-249732.html|title=Short Take: Juniper to acquire Micro Magic|date=December 11, 2000|publisher=CNET news|accessdate=2009-01-29}}</ref><ref>{{cite web|url=http://www.juniper.net/us/en/company/press-center/press-releases/2000/pr-001211.html|title=Juniper Networks Deepens Expertise in IP Infrastructure Technology : Completes Acquisition of Micro Magic, Incorporated|date=December 11, 2000 |publisher=Juniper Networks|accessdate=2009-03-05}}</ref>
|align="center"|<ref>{{cite web|url=http://news.cnet.com/Short-Take-Juniper-to-acquire-Micro-Magic/2110-1033_3-249732.html|title=Short Take: Juniper to acquire Micro Magic|date=December 11, 2000|publisher=CNET News|accessdate=2009-01-29}}</ref><ref>{{cite web|url=http://www.juniper.net/us/en/company/press-center/press-releases/2000/pr-001211.html|title=Juniper Networks Deepens Expertise in IP Infrastructure Technology : Completes Acquisition of Micro Magic, Incorporated|date=December 11, 2000 |publisher=Juniper Networks, Inc.|accessdate=2009-03-05}}</ref>
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| {{dts|link=off|2001|11|12}}
| {{dts|link=off|2001|11|12}}
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| {{USA}}
| {{USA}}
|align="center"| [[US$]] 200 million
|align="center"| [[US$]] 200 million
|align="center"|<ref name="CedMagazine.com">{{cite web|url=http://www.cedmagazine.com/cmts-combo-juniper-to-buy-pacific.aspx|title=CMTS Combo: Juniper to buy Pacific Broadband for $200 M|date=November 13, 2001|accessdate=2009-01-29}}</ref><ref>{{cite web|url=http://www.juniper.net/us/en/company/press-center/press-releases/2001/pr-011112.html|title=Juniper Networks Announces Intent to Acquire Pacific Broadband Communications|date=November 12, 2001|publisher=Juniper Networks|accessdate=2009-03-05}}</ref>
|align="center"|<ref name="CedMagazine.com">{{cite web|url=http://www.cedmagazine.com/cmts-combo-juniper-to-buy-pacific.aspx|title=CMTS Combo: Juniper to buy Pacific Broadband for $200 M|date=November 13, 2001|accessdate=2009-01-29|publisher=Advantage Business Media}}</ref><ref>{{cite web|url=http://www.juniper.net/us/en/company/press-center/press-releases/2001/pr-011112.html|title=Juniper Networks Announces Intent to Acquire Pacific Broadband Communications|date=November 12, 2001|publisher=Juniper Networks, Inc.|accessdate=2009-03-05}}</ref>
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| {{dts|link=off|2002|7|2}}
| {{dts|link=off|2002|7|2}}
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| {{USA}}
| {{USA}}
|align="center"| [[US$]] $585 million, which includes $375 million in cash and 36.5 million shares
|align="center"| [[US$]] $585 million, which includes $375 million in cash and 36.5 million shares
|align="center"|<ref>{{cite web|url=http://www.forbes.com/2002/05/20/0520jnpr.html|title=Juniper Networks Branches Out|date=May 20, 2002|publisher=Forbes.com|accessdate=2009-03-05}}</ref><ref>{{cite web|url=http://www.juniper.net/us/en/company/press-center/press-releases/2002/pr-020702.html|title=Juniper Networks Completes Acquisition of Siemens' Unisphere Networks Subsidiary|date=July 2, 2002 |publisher=Juniper Networks|accessdate=2009-03-05}}</ref>
|align="center"|<ref>{{cite web|url=http://www.forbes.com/2002/05/20/0520jnpr.html|title=Juniper Networks Branches Out|date=May 20, 2002|publisher=[[Forbes]]|accessdate=2009-03-05}}</ref><ref>{{cite web|url=http://www.juniper.net/us/en/company/press-center/press-releases/2002/pr-020702.html|title=Juniper Networks Completes Acquisition of Siemens' Unisphere Networks Subsidiary|date=July 2, 2002 |publisher=Juniper Networks, Inc.|accessdate=2009-03-05}}</ref>
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| {{dts|link=off|2004|4|16}}
| {{dts|link=off|2004|4|16}}
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| {{USA}}
| {{USA}}
|align="center"| [[US$]] 4 billion stock for stock
|align="center"| [[US$]] 4 billion stock for stock
|align="center"|<ref>{{cite web|url=http://www.networkworld.com/edge/news/2004/0209juniscreen.html|title=Juniper acquires NetScreen |date=Feburary 09, 2004 |publisher=networkworld.com|accessdate=2009-01-29}}</ref><ref name="jnprnetscreen">{{cite web|url=http://www.juniper.net/us/en/company/press-center/press-releases/2004/pr-040416.html|title=Juniper Networks Completes Acquisition of NetScreen Technologies and Appoints Frank J. Marshall to the Juniper Networks Board of Directors|date=April 16, 2004|publisher=Juniper Networks|accessdate=2009-03-05}}</ref>
|align="center"|<ref>{{cite web|url=http://www.networkworld.com/edge/news/2004/0209juniscreen.html|title=Juniper acquires NetScreen |date=Feburary 09, 2004 |publisher=[[Network World]]|accessdate=2009-01-29}}</ref><ref name="jnprnetscreen">{{cite web|url=http://www.juniper.net/us/en/company/press-center/press-releases/2004/pr-040416.html|title=Juniper Networks Completes Acquisition of NetScreen Technologies and Appoints Frank J. Marshall to the Juniper Networks Board of Directors|date=April 16, 2004|publisher=Juniper Networks, Inc.|accessdate=2009-03-05}}</ref>
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| {{dts|link=off|2005|3|29}}
| {{dts|link=off|2005|3|29}}
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| {{USA}}
| {{USA}}
|align="center"| [[US$]] 65.7 million
|align="center"| [[US$]] 65.7 million
|align="center"|<ref>{{cite web|url=http://www.crn.com/networking/159907807|title=Kagoor Buy Gives Juniper VoIP Smarts|date=March 29, 2005|publisher=Channel Web|accessdate=2009-01-29}}</ref><ref name="kagoor">{{cite web|url=http://www.juniper.net/us/en/company/press-center/press-releases/2005/pr-050329a.html|title=Juniper Networks, Inc. to Acquire Kagoor Networks|date=March 29, 2005|publisher=Juniper Networks|accessdate=2009-03-05}}</ref>
|align="center"|<ref>{{cite web|url=http://www.crn.com/networking/159907807|title=Kagoor Buy Gives Juniper VoIP Smarts|date=March 29, 2005|publisher=Channel Web|accessdate=2009-01-29}}</ref><ref name="kagoor">{{cite web|url=http://www.juniper.net/us/en/company/press-center/press-releases/2005/pr-050329a.html|title=Juniper Networks, Inc. to Acquire Kagoor Networks|date=March 29, 2005|publisher=Juniper Networks, Inc.|accessdate=2009-03-05}}</ref>
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| {{dts|link=off|2005|4|26}}
| {{dts|link=off|2005|4|26}}
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| {{USA}}
| {{USA}}
|align="center"| [[US$]] 337 million in cash, stock and assumed stock options.
|align="center"| [[US$]] 337 million in cash, stock and assumed stock options.
|align="center"|<ref name="Securitypronews">{{cite web|url=http://www.securitypronews.com/news/securitynews/spn-45-20050426JuniperToAcquirePeribitandRedline.html|title=Juniper To Acquire Peribit And Redline |date=April 26, 2005|publisher=Securitypronews.com|accessdate=2009-01-29}}</ref><ref name="perbit">{{cite web|url=http://www.juniper.net/company/presscenter/pr/2005/pr-050426a.html|title=Juniper Networks to Acquire Peribit Networks and Redline Networks|date=July 2005|accessdate=2009-01-29|publisher=Juniper Networks}}</ref>
|align="center"|<ref name="Securitypronews">{{cite web|url=http://www.securitypronews.com/news/securitynews/spn-45-20050426JuniperToAcquirePeribitandRedline.html|title=Juniper To Acquire Peribit And Redline |date=April 26, 2005|publisher=iEntry Inc.|accessdate=2009-01-29}}</ref><ref name="perbit">{{cite web|url=http://www.juniper.net/company/presscenter/pr/2005/pr-050426a.html|title=Juniper Networks to Acquire Peribit Networks and Redline Networks|date=July 2005|accessdate=2009-01-29|publisher=Juniper Networks, Inc.}}</ref>
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| {{dts|link=off|2005|4|26}}
| {{dts|link=off|2005|4|26}}
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| {{USA}}
| {{USA}}
|align="center"| [[US$]] 8.7 million
|align="center"| [[US$]] 8.7 million
|align="center"|<ref>{{cite web|url=http://sanjose.bizjournals.com/sanjose/stories/2005/10/24/daily11.html|title=Juniper buys Acorn Packet Solutions|date=October 25 2005 |publisher=San Jose Business Journal|accessdate=2009-01-29}}</ref><ref>{{cite web|url=http://www.itwire.com/content/view/2417/127/|title=Juniper buy Acorn Packet Solutions |date=26 October 2005 |publisher=ITWire.com|accessdate=2009-01-29}}</ref><ref>{{cite web|url=http://www.juniper.net/us/en/company/press-center/press-releases/2005/pr-051025.html|title=Juniper Networks Acquires Acorn Packet Solutions|date=October 25, 2005|publisher=Juniper Networks|accessdate=2009-03-05}}</ref>
|align="center"|<ref>{{cite web|url=http://sanjose.bizjournals.com/sanjose/stories/2005/10/24/daily11.html|title=Juniper buys Acorn Packet Solutions|date=October 25 2005 |publisher=[[American City Business Journals]]|accessdate=2009-01-29}}</ref><ref>{{cite web|url=http://www.itwire.com/content/view/2417/127/|title=Juniper buy Acorn Packet Solutions |date=26 October 2005 |publisher=iTWire|accessdate=2009-01-29}}</ref><ref>{{cite web|url=http://www.juniper.net/us/en/company/press-center/press-releases/2005/pr-051025.html|title=Juniper Networks Acquires Acorn Packet Solutions|date=October 25, 2005|publisher=Juniper Networks, Inc.|accessdate=2009-03-05}}</ref>
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| {{dts|link=off|2005|11|14}}
| {{dts|link=off|2005|11|14}}
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| {{USA}}
| {{USA}}
|align="center"| [[US$]] 122 million
|align="center"| [[US$]] 122 million
|align="center"|<ref>{{cite web|url=http://www.xchangemag.com/hotnews/5bh1415823.html|title=Juniper Networks Acquires Funk Software|date=November 14, 2005|publisher=Xchangemag.com|accessdate=2009-01-29}}</ref><ref>{{cite web|url=http://www.juniper.net/us/en/company/press-center/press-releases/2005/pr-051114.html|title=Juniper Networks to Acquire Funk Software|date=November 14, 2005|publisher=Juniper Networks|accessdate=2009-03-05}}</ref>
|align="center"|<ref>{{cite web|url=http://www.xchangemag.com/hotnews/5bh1415823.html|title=Juniper Networks Acquires Funk Software|date=November 14, 2005|publisher=Virgo Publishing, LLC|accessdate=2009-01-29}}</ref><ref>{{cite web|url=http://www.juniper.net/us/en/company/press-center/press-releases/2005/pr-051114.html|title=Juniper Networks to Acquire Funk Software|date=November 14, 2005|publisher=Juniper Networks, Inc.|accessdate=2009-03-05}}</ref>
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==Juniper Networks, Inc. M&A Summary==
==Juniper Networks, Inc. acquisitions summary==
Juniper Networks, Inc. has made 11 acquisitions while it did not take stake in any companies. Juniper has made 1 divestitures till date.
Juniper Networks, Inc. has made 11 acquisitions, though it has not taken stake in any companies. Juniper has made 1 divestiture in 2006.


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Revision as of 05:50, 13 March 2009

Juniper Networks, Inc. is an information technology and computer networking products multinational company, founded in 1996 and with head quarters 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, but in November 1999, Juniper acquired Layer Five, an Intellectual property design firm.[8] The company's largest acquisition is the purchase of NetScreen Technologies for US$ 4 billion.[9] NetScreen had acquired Neoteris prior to this acquisition. Unisphere, before the Juniper acquisition, was initially comprised of 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. Prior to Unisphere's sale to Juniper, Siemens bought back the Castle portion of Unisphere to form its own subsidiary.[11] The majority of companies acquired by Juniper are based in the United States. Juniper made the most number of its acquisitions in 2005. It did not make any more acquisitions after 2006. 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 Cambridge, MA, 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 11 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

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 [15][8]
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 stocks 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 $375 million in cash and 36.5 million shares [22][23]
April 16, 2004 NetScreen Technologies, Sunnyvale, CA. Network security and access solutions and appliances.  United States US$ 4 billion stock for stock [24][9]
March 29, 2005 Kagoor Networks 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
Founded : 2002
Time Division Multiplexing (TDM) and other circuit-based applications across next-generation IP networks.  United States US$ 8.7 million [29][30][31]
November 14, 2005 Funk Software, Cambridge, MA
Founded : 1982
Network access security solutions  United States US$ 122 million [32][33]

Juniper Networks, Inc. acquisitions summary

Juniper Networks, Inc. has made 11 acquisitions, though it has not taken stake in any companies. Juniper has made 1 divestiture in 2006.

Year Acquisitions Stakes Divestitures
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 11 0 1

References

  1. ^ "Juniper Networks, Inc. (JNPR) :Profile". Yahoo! Finance. Retrieved 2009-03-05.
  2. ^ "Pradeep Sindhu". Forbes. Retrieved 2009-01-29.
  3. ^ "On the record: Scott Kriens and Pradeep Sindhu". The San Francisco Chronicle. Retrieved 2008-06-11. {{cite web}}: Cite has empty unknown parameter: |coauthors= (help)
  4. ^ "Feature Article: Juniper Networks Celebrates 10 Years of Innovation". Juniper Networks, Inc. Retrieved 2009-03-12.
  5. ^ "Juniper Networks Opens New Delhi Office; GrowingGlobal Presence Positions Juniper Networks to..." Business Wire. July 14 2000. Retrieved 2009-03-12. {{cite web}}: Check date values in: |date= (help)
  6. ^ "Juniper Networks: 1999 Consolidated financial statements" (PDF). Juniper Networks, Inc. p. 13. Retrieved 2009-03-12.
  7. ^ "Investor FAQs". Juniper Networks, Inc. (cached by Google). Retrieved 2009-03-12.
  8. ^ a b "Juniper Networks, Inc. Strengthens Expertise in Building the New IP Infrastructure". Juniper Networks, Inc. November 15, 1999. Retrieved 2009-03-05.
  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 2009-03-05.
  10. ^ "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. June 5, 2000. Retrieved 2009-03-12.
  11. ^ "Siemens to buy Chantry Networks". Boston Business Journal. December 9, 2004. Retrieved 2009-03-12.
  12. ^ a b "Company Background :Acquisitions". Juniper Networks, Inc. Retrieved 2009-03-05.
  13. ^ "Proxy Networks Inc acquires Juniper Networks Inc-Proxy from Juniper Networks Inc". Thomson Financial. Mar 18, 1999. Retrieved 2009-03-05.
  14. ^ "Proxy Networks Acquires Proxy Remote Control Software Product Line From Juniper Networks". Juniper Networks, Inc. July 10, 2006. Retrieved 2009-03-05.
  15. ^ "Juniper Networks Inc acquires Layer Five". Thomson Financial. Retrieved 2009-01-29.
  16. ^ "Juniper Networks Buys Hong Kong Marketing Firm". Internet News (WebMediaBrands Inc.). January 18, 2000. Retrieved 2009-03-05.
  17. ^ "Juniper Networks Expands Asia-Pacific Presence with Acquisition of Pacific Advantage Ltd". Juniper Networks, Inc. January 18, 2000. Retrieved 2009-03-05.
  18. ^ "Short Take: Juniper to acquire Micro Magic". CNET News. December 11, 2000. Retrieved 2009-01-29.
  19. ^ "Juniper Networks Deepens Expertise in IP Infrastructure Technology : Completes Acquisition of Micro Magic, Incorporated". Juniper Networks, Inc. December 11, 2000. Retrieved 2009-03-05.
  20. ^ "CMTS Combo: Juniper to buy Pacific Broadband for $200 M". Advantage Business Media. November 13, 2001. Retrieved 2009-01-29.
  21. ^ "Juniper Networks Announces Intent to Acquire Pacific Broadband Communications". Juniper Networks, Inc. November 12, 2001. Retrieved 2009-03-05.
  22. ^ "Juniper Networks Branches Out". Forbes. May 20, 2002. Retrieved 2009-03-05.
  23. ^ "Juniper Networks Completes Acquisition of Siemens' Unisphere Networks Subsidiary". Juniper Networks, Inc. July 2, 2002. Retrieved 2009-03-05.
  24. ^ "Juniper acquires NetScreen". Network World. Feburary 09, 2004. Retrieved 2009-01-29. {{cite web}}: Check date values in: |date= (help)
  25. ^ "Kagoor Buy Gives Juniper VoIP Smarts". Channel Web. March 29, 2005. Retrieved 2009-01-29.
  26. ^ "Juniper Networks, Inc. to Acquire Kagoor Networks". Juniper Networks, Inc. March 29, 2005. Retrieved 2009-03-05.
  27. ^ a b "Juniper To Acquire Peribit And Redline". iEntry Inc. April 26, 2005. Retrieved 2009-01-29.
  28. ^ a b "Juniper Networks to Acquire Peribit Networks and Redline Networks". Juniper Networks, Inc. July 2005. Retrieved 2009-01-29.
  29. ^ "Juniper buys Acorn Packet Solutions". American City Business Journals. October 25 2005. Retrieved 2009-01-29. {{cite web}}: Check date values in: |date= (help)
  30. ^ "Juniper buy Acorn Packet Solutions". iTWire. 26 October 2005. Retrieved 2009-01-29.
  31. ^ "Juniper Networks Acquires Acorn Packet Solutions". Juniper Networks, Inc. October 25, 2005. Retrieved 2009-03-05.
  32. ^ "Juniper Networks Acquires Funk Software". Virgo Publishing, LLC. November 14, 2005. Retrieved 2009-01-29.
  33. ^ "Juniper Networks to Acquire Funk Software". Juniper Networks, Inc. November 14, 2005. Retrieved 2009-03-05.