List of acquisitions by Juniper Networks
Encyclopedia
Juniper Networks, Inc. is an information technology
and computer networking products multinational
company, founded in 1996. Juniper has its headquarters situated in Sunnyvale
, California
. The company designs and sells Internet Protocol
network products and services. Juniper was founded by Pradeep Sindhu
, Dennis Ferguson, and Bjorn Liencres in February 1996. The company was subsequently reincorporated in Delaware
on March 15, 1998 and went public
on June 25, 1999.
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. The company's US$4 billion acquisition of NetScreen Technologies
is its largest purchase. 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. 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
. 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. 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. 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.
Since November 1999, Juniper has acquired over 14 companies. 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.
Information technology
Information technology is the acquisition, processing, storage and dissemination of vocal, pictorial, textual and numerical information by a microelectronics-based combination of computing and telecommunications...
and computer networking products multinational
Multinational corporation
A multi national corporation or enterprise , is a corporation or an enterprise that manages production or delivers services in more than one country. It can also be referred to as an international corporation...
company, founded in 1996. Juniper has its headquarters situated in Sunnyvale
Sunnyvale, California
Sunnyvale is a city in Santa Clara County, California, United States. It is one of the major cities that make up the Silicon Valley located in the San Francisco Bay Area...
, California
California
California is a state located on the West Coast of the United States. It is by far the most populous U.S. state, and the third-largest by land area...
. The company designs and sells Internet Protocol
Internet Protocol
The Internet Protocol is the principal communications protocol used for relaying datagrams across an internetwork using the Internet Protocol Suite...
network products and services. Juniper was founded by Pradeep Sindhu
Pradeep Sindhu
Pradeep Sindhu is the Co-founder and Chief Technical Officer/ Vice Chairman of the Board of the Directors of Juniper Networks Inc. He was also the CEO of the company until 1996....
, Dennis Ferguson, and Bjorn Liencres in February 1996. The company was subsequently reincorporated in Delaware
Delaware
Delaware is a U.S. state located on the Atlantic Coast in the Mid-Atlantic region of the United States. It is bordered to the south and west by Maryland, and to the north by Pennsylvania...
on March 15, 1998 and went public
Initial public offering
An initial public offering or stock market launch, is the first sale of stock by a private company to the public. It can be used by either small or large companies to raise expansion capital and become publicly traded enterprises...
on June 25, 1999.
Juniper did not acquire a company for the first three years of its existence. In November 1999, Juniper acquired Layer Five
Layer Five
Layer Five was a US-based company that was acquired by Juniper Networks in 1999 for US$ 19 million. Layer Five was founded by Spencer Greene, of Palo Alto, California. Other employees included Jim Washburn and Sid Agrawal. Spencer left his job at Alliance Semiconductor in early 1997 to found the...
, an intellectual property
Intellectual property
Intellectual property is a term referring to a number of distinct types of creations of the mind for which a set of exclusive rights are recognized—and the corresponding fields of law...
design firm. The company's US$4 billion acquisition of NetScreen Technologies
NetScreen Technologies
NetScreen Technologies was acquired by Juniper Networks for US$ 4 billion stock for stock in 2004.NetScreen Technologies developed ASIC-based Internet security systems and appliances that delivered high performance firewall, VPN and traffic shaping functionality to Internet data centers, e-business...
is its largest purchase. NetScreen had acquired Neoteris before this acquisition. Unisphere, before the Juniper acquisition, initially comprised three other key networking equipment
Networking hardware
Networking hardware typically refers to equipment facilitating the use of a computer network. Typically, this includes routers, switches, hubs, gateways, access points, network interface cards, Networking cables, network bridges, modems, ISDN adapters, firewalls and other equipments.In the most...
manufacturers: Redstone Communications, Argon Networks, Castle Networks. Siemens
Siemens
Siemens may refer toSiemens, a German family name carried by generations of telecommunications industrialists, including:* Werner von Siemens , inventor, founder of Siemens AG...
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
Subsidiary
A subsidiary company, subsidiary, or daughter company is a company that is completely or partly owned and wholly controlled by another company that owns more than half of the subsidiary's stock. The subsidiary can be a company, corporation, or limited liability company. In some cases it is a...
. 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. US-based Proxy Networks, Inc.
Proxy Networks, Inc.
In computing, Proxy Networks, Inc. is a provider of Remote Desktop Software for individuals, businesses, and government. Its software is used by US government agencies, multinational corporations, and is distributed worldwide. The company’s headquarters is located in Boston, Massachusetts. Proxy...
, based in Boston, Massachusetts
Massachusetts
The Commonwealth of Massachusetts is a state in the New England region of the northeastern United States of America. It is bordered by Rhode Island and Connecticut to the south, New York to the west, and Vermont and New Hampshire to the north; at its east lies the Atlantic Ocean. As of the 2010...
, a unit of de Anda Capital LLC, acquired the Proxy remote control software product line of Juniper Networks in 2006. Proxy Networks has assumed responsibility for the continued development
Software development
Software development is the development of a software product...
, marketing
Business marketing
Business Marketing is the practice of individuals, or organizations, including commercial businesses, governments and institutions, facilitating the sale of their products or services to other companies or organizations that in turn resell them, use them as components in products or services they...
, sales and support
Product support
Product support is a service provided by many retailers of various products, primarily electronics, that provides the end-user with a resource for information regarding the product, and help if the product should malfunction...
of the Proxy product family, which Juniper acquired as part of its purchase of Funk Software.
Since November 1999, Juniper has acquired over 14 companies. 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
Business alliance
A business alliance is an agreement between businesses, usually motivated by cost reduction and improved service for the customer. Alliances are often bounded by a single agreement with equitable risk and opportunity share for all parties involved and are typically managed by an integrated project...
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 United States dollar The United States dollar , also referred to as the American dollar, is the official currency of the United States of America. It is divided into 100 smaller units called cents or pennies.... ) |
References |
|---|---|---|---|---|---|
| Layer Five Layer Five Layer Five was a US-based company that was acquired by Juniper Networks in 1999 for US$ 19 million. Layer Five was founded by Spencer Greene, of Palo Alto, California. Other employees included Jim Washburn and Sid Agrawal. Spencer left his job at Alliance Semiconductor in early 1997 to found the... , Palo Alto, CA. Founded : 1997 |
Intellectual property development and licensing | US$19 million | |||
| Pacific Advantage Ltd Pacific Advantage Ltd Pacific Advantage Ltd was a Hong Kong-based company that was acquired by Juniper Networks in 2000 for US$ 4 million in stock.... (PAL), Hong Kong. Founded : 1994 |
Sales and marketing organization | US$4 million in stock | |||
| Micro Magic Inc. Micro Magic Inc. Micro Magic Inc. was a US-based company that was acquired by Juniper Networks in 2000 for US$ 260 million in stocks and cash.... , Sunnyvale, CA. Founded : 1995 |
ASIC Application-specific integrated circuit An application-specific integrated circuit is an integrated circuit customized for a particular use, rather than intended for general-purpose use. For example, a chip designed solely to run a cell phone is an ASIC... design firm |
US$260 million in stock and cash | |||
| Pacific Broadband Communications Pacific Broadband Communications Pacific Broadband Communications was a US-based company that was acquired by Juniper Networks in 2001 for US$ 200 million.... , San Jose, CA. Founded : 1999 |
CMTS and broadband solutions | US$200 million | |||
| Unisphere Networks Unisphere Networks Unisphere Networks was a networking equipment manufacturer founded in 1998 and later acquired by Juniper Networks in June 2002 for $585 million, which includes $375 million in cash and 36.5 million shares. Unisphere was initially composed of three other key networking equipment manufacturers:*... , Westford, MA, a subsidiary of Siemens Siemens Siemens may refer toSiemens, a German family name carried by generations of telecommunications industrialists, including:* Werner von Siemens , inventor, founder of Siemens AG... . Founded : 1999 |
Networking equipment manufacturer, Edge routers | US$585 million, which includes $375 million in cash and 36.5 million shares | |||
| NetScreen Technologies NetScreen Technologies NetScreen Technologies was acquired by Juniper Networks for US$ 4 billion stock for stock in 2004.NetScreen Technologies developed ASIC-based Internet security systems and appliances that delivered high performance firewall, VPN and traffic shaping functionality to Internet data centers, e-business... , Sunnyvale, CA. Founded: 1997 |
Network security Network security In the field of networking, the area of network security consists of the provisions and policies adopted by the network administrator to prevent and monitor unauthorized access, misuse, modification, or denial of the computer network and network-accessible resources... and access solutions and appliances. |
US$4 billion stock for stock | |||
| Kagoor Networks Kagoor Networks Kagoor Networks was a San Mateo, California-based company that was acquired by Juniper Networks for US$ 65.7 million in 2005.... , San Mateo, CA. Founded: 2000 |
Provider of session border control (SBC) products for VoIP networking | US$65.7 million | |||
| Peribit Networks Peribit Networks Peribit Networks was a US-based company that was acquired by Juniper Networks in 2005 for US$ 337 million in cash, stock and assumed stock options.... , Santa Clara, CA. Founded: 2000 |
Wide Area Network (WAN) optimization technology | US$337 million in cash, stock and assumed stock options. | |||
| Redline Networks Redline Networks Redline Networks was a US-based company that was acquired by Juniper Networks in 2005 for US$ 132 million in cash and assumed stock options.... , Campbell, CA. Founded : 2000 |
Development of Application Front End (AFE) technology. | US$132 million in cash and assumed stock options. | |||
| Acorn Packet Solutions Acorn Packet Solutions Acorn Packet Solutions was a US-based company in Frederick, Maryland that was acquired by Juniper Networks in 2005 for US$ 8.7 million.... , Mc Lean, VA. Founded : 2002 |
Time Division Multiplexing Time-division multiplexing Time-division multiplexing is a type of digital multiplexing in which two or more bit streams or signals are transferred apparently simultaneously as sub-channels in one communication channel, but are physically taking turns on the channel. The time domain is divided into several recurrent... (TDM) and other circuit-based applications across next-generation IP networks. |
US$8.7 million | |||
| Funk Software Funk Software Funk Software was a US-based company that was acquired by Juniper Networks in 2005 for US$ 122 million.... , Cambridge, MA. Founded : 1982 |
Network access security solutions | US$122 million | |||
| Ankeena Networks Ankeena Networks Ankeena Networks was a US-based new media infrastructure technology company that was acquired by Juniper Networks in 2010 for US$ 100 million.... , Santa Clara, CA. Founded : 2008 |
New media infrastructure technology | US$100 million | |||
| Trapeze Networks Trapeze Networks Trapeze Networks, Inc. was founded in 2002. It is a Wi-Fi networking infrastructure and services vendor. Trapeze has 17 awarded patents and 40+ patent filings pending. In Sept 2007 Trapeze was recognized by Frost and Sullivan as the first company to apply controller virtualization techniques to... , Pleasanton Pleasanton Pleasanton is the name of several places in the United States of America:* Pleasanton, California* Pleasanton, Iowa* Pleasanton, Kansas* Pleasanton, Nebraska* Pleasanton, New Mexico* Pleasanton, Texas* Pleasanton Township, Michigan... , California California California is a state located on the West Coast of the United States. It is by far the most populous U.S. state, and the third-largest by land area... Founded : 2002 |
WLAN systems and management software | US$152 million | |||
| Altor Networks Altor Networks Altor Networks, Inc., a Juniper Networks Company, is the leading innovator and provider of security for virtual data centers and clouds. The company developed the world’s first firewall purpose-built for virtual networks, a software security "appliance" that runs in a virtualized environment and... , Redwood Shores, California Redwood Shores, California Redwood Shores is an affluent waterfront neighborhood located in San Mateo County on the San Francisco Peninsula in California. It is located on the eastern edge of Belmont, but is actually part of incorporated Redwood City.... Founded : 2007 |
Virtual network security | US$95 million |
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 |
|---|---|---|---|
| 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 |