List of acquisitions by Juniper Networks

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

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 $19 million [8][15]
January 18, 2000 Pacific Advantage Ltd (PAL), Hong Kong.
Founded : 1994		 Sales and marketing organization  Hong Kong $4 million in stock [16][17]
December 11, 2000 Micro Magic Inc., Sunnyvale, CA.
Founded : 1995		 ASIC design firm  United States $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 $200 million [20][21]
July 2, 2002 Unisphere Networks, Westford, MA, a subsidiary of Siemens.
Founded : 1999		 Networking equipment manufacturer, Edge routers  United States $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 $4 billion stock for stock [9][24]
May 2, 2005 Kagoor Networks, San Mateo, CA.
Founded: 2000		 Provider of session border control (SBC) products for VoIP networking  United States $65.7 million [25][26][27]
July 6, 2005 Peribit Networks, Santa Clara, CA.
Founded: 2000		 Wide Area Network (WAN) optimization technology  United States $337 million in cash, stock and assumed stock options. [28][29][30]
May 2, 2005 Redline Networks, Campbell, CA.
Founded : 2000		 Development of Application Front End (AFE) technology.  United States $132 million in cash and assumed stock options. [28][29][27]
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 $8.7 million [31][32]
November 14, 2005 Funk Software, Cambridge, MA.
Founded : 1982		 Network access security solutions  United States $122 million [33][34]
April 8, 2010 Ankeena Networks, Santa Clara, CA.
Founded : 2008		 New media infrastructure technology  United States $100 million

[35] [36]

November 8, 2010 Blackwave Networks, Acton, MA.
Founded : 2008		 Video Storage and delivery  United States Undisclosed

[37]

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

[38] [39]

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

[40] [41]

February 21, 2011 Brilliant Telecommunications, Campbell, CA
Founded: 2004		 Synchronization technology  United States $4.5 million [42]
February 22, 2012 Mykonos Software, San Francisco CA
Founded : 2009		 Intrusion Deception Systems  United States $80 million

[43]

December 12, 2012 Contrail Systems, Santa Clara, CA.
Founded: 2012		 Software-defined network controllers  United States $176 million [44][45]
February 3, 2013 Webscreen Systems, Bracknell UK
Founded : 2002		 dDoS  United Kingdom $10 million

[46]

December 16, 2013 WANDL, Piscataway NJ
Founded : 1986		 Network software solutions for design, planning and operations  United States $60 million

[47]

Acquisitions summary

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
2013 2 0 0
2012 2 0 0
2011 1 0 0
2010 3 0 0
2009 0 0 0
2008 0 0 0
2007 0 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

  1. ↑ "Juniper Networks, Inc. (JNPR) :Profile". Yahoo! Finance. Retrieved March 5, 2009.
  2. ↑ "Pradeep Sindhu". Forbes. Retrieved January 29, 2009.
  3. ↑ "On the record: Scott Kriens and Pradeep Sindhu". San Francisco Chronicle. March 14, 2004. Retrieved June 11, 2008.
  4. ↑ "Feature Article: Juniper Networks Celebrates 10 Years of Innovation". Juniper Networks, Inc. Retrieved March 12, 2009.
  5. ↑ "Juniper Networks Opens New Delhi Office; GrowingGlobal Presence Positions Juniper Networks to...". Business Wire. July 14, 2000. Retrieved March 12, 2009.
  6. ↑ "Juniper Networks: 1999 Consolidated financial statements" (PDF). Juniper Networks, Inc. p. 13. Retrieved March 12, 2009.
  7. ↑ "Investor FAQs". Juniper Networks, Inc. (cached by Google). Retrieved March 12, 2009.
  8. ↑ 8.0 8.1 "Juniper Networks, Inc. Strengthens Expertise in Building the New IP Infrastructure". Juniper Networks, Inc. November 15, 1999. Retrieved March 5, 2009.
  9. ↑ 9.0 9.1 "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. ↑ 12.0 12.1 "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.
  22. ↑ Weinberg, Ari (May 20, 2002). "Juniper Networks Branches Out". Forbes. Retrieved March 5, 2009.
  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. ↑ 27.0 27.1 "JUNIPER NETWORKS COMPLETES ACQUISITION OF KAGOOR NETWORKS AND REDLINE NETWORKS". Juniper Networks. 2 May 2005. Retrieved 12 January 2015.
  28. ↑ 28.0 28.1 "Juniper buys Peribit, Redline to boost stake in enterprise market". Network World. April 26, 2005. Retrieved January 29, 2009.
  29. ↑ 29.0 29.1 "Juniper Networks to Acquire Peribit Networks and Redline Networks". Juniper Networks, Inc. July 2005. Retrieved January 29, 2009.
  30. ↑ "JUNIPER NETWORKS COMPLETES ACQUISITION OF PERIBIT NETWORKS". Juniper Networks. 6 July 2005. Retrieved 12 January 2015.
  31. ↑ "Juniper buys Acorn Packet Solutions". American City Business Journals. October 25, 2005. Retrieved January 29, 2009.
  32. ↑ "Juniper Networks Acquires Acorn Packet Solutions". Juniper Networks, Inc. October 25, 2005. Retrieved March 5, 2009.
  33. ↑ "Juniper acquires access security software". Boston Business Journal). November 14, 2005. Retrieved January 29, 2009.
  34. ↑ "Juniper Networks to Acquire Funk Software". Juniper Networks, Inc. November 14, 2005. Retrieved March 5, 2009.
  35. ↑ Ando, Ritsuko (April 8, 2010). "Juniper to buy media software firm Ankeena". Reuters. Retrieved 21 July 2010.
  36. ↑ "Juniper Networks to Acquire Ankeena Networks". Juniper Networks, Inc. April 8, 2010. Retrieved July 21, 2010.
  37. ↑ "JUNIPER NETWORKS ACQUIRES ADVANCED VIDEO DELIVERY TECHNOLOGY FROM BLACKWAVE". Juniper Networks. Nov 28, 2011. Retrieved 8 March 2012.
  38. ↑ Chad Berndtson, CRN (Dec 16, 2010). "Juniper Promises 'Crisp, Clear' Communication On Trapeze Integration". CRN.
  39. ↑ "Juniper Networks to acquire Trapeze Acquisition". Juniper Networks. Nov 16, 2010. Retrieved 22 December 2010.
  40. ↑ Steve Wexler (December 7, 2010). "Altor Strengthens Juniper's Virtualization Security". Network Computing. Retrieved 22 December 2010.
  41. ↑ "Juniper Networks announces acquisition of Altor Networks". Juniper Networks. Dec 6, 2010. Retrieved 22 December 2010.
  42. ↑ Donegan, Michelle (February 21, 2011). "Juniper Outbids Rival in M&A Swoop". Light Reading. Retrieved December 24, 2014.
  43. ↑ "JUNIPER NETWORKS ANNOUNCES ACQUISITION OF MYKONOS SOFTWARE". Juniper Networks. Feb 22, 2012. Retrieved 8 March 2012.
  44. ↑ Duffy, Jim (12 December 2012). "Juniper buys SDN startup for $176M". Network World. Retrieved 22 December 2014.
  45. ↑ Bort, Julie (13 December 2012). "Two Days After He Launched His Startup, This Guy Sold It For $176 Million". Business Insider. Retrieved 11 January 2015.
  46. ↑ "JUNIPER NETWORKS ACQUIRES WEBSCREEN SYSTEMS". Juniper Networks. Feb 3, 2013. Retrieved 7 July 2013.
  47. ↑ "JUNIPER NETWORKS TO ACQUIRE WANDL, Inc.". Juniper Networks. Oct 27, 2014. Retrieved 16 December 2013.