Feeds

Juniper takes two for improved application push

Redline and Peribit snagged in $500m spending spree

  • alert
  • submit to reddit

Boost IT visibility and business value

Juniper Networks splashed out $500m on two firms Tuesday as part of its long-term strategy of overtaking Cisco as the favoured networking infrastructure supplier to telcos and big corporates. Wide Area Network optimisation technology firm Peribit Networks and application front end firm Redline Networks will set Juniper back $337m and $132m respectively. Each acquisition is subject to regulatory approvals and financed by a mixture of cash and stock.

Both deals are geared towards making IP-based applications more secure and reliable, or Application Assurance, as Juniper calls it. "WAN optimisation and application front end technologies are key elements in addressing the performance and security issues associated with an increasingly distributed and mobile enterprise," Juniper said in a statement.

Founded in early 2000, Peribit Networks develops WAN optimisation appliances. Its technology is designed to provide faster application performance, prioritised delivery and improved visibility of network and application performance. Redline Networks, also founded in early 2000, specialises in kit to boost the performance and scalability of web sites. The combined revenue of Peribit Networks and Redline Networks was approximately $40m in 2004.

Juniper has been on something of a buying spree of late, buying internet telephony start-up Kagoor Networks late last month in addition to its latest purchases. Juniper expects to take a one to two cents hit to its earnings per share in the second half of 2005 because of these three acquisitions, which it predicts will boost its earnings next year. ®

Related stories

Juniper snaps up Kagoor
Cisco and Fujitsu pool R&D for big routers, switches
Cisco market share slipping
Juniper buys Netscreen for $3.4 billion

Boost IT visibility and business value

More from The Register

next story
Pay to play: The hidden cost of software defined everything
Enter credit card details if you want that system you bought to actually be useful
HP busts out new ProLiant Gen9 servers
Think those are cool? Wait till you get a load of our racks
Shoot-em-up: Sony Online Entertainment hit by 'large scale DDoS attack'
Games disrupted as firm struggles to control network
Community chest: Storage firms need to pay open-source debts
Samba implementation? Time to get some devs on the job
Like condoms, data now comes in big and HUGE sizes
Linux Foundation lights a fire under storage devs with new conference
Silicon Valley jolted by magnitude 6.1 quake – its biggest in 25 years
Did the earth move for you at VMworld – oh, OK. It just did. A lot
prev story

Whitepapers

Gartner critical capabilities for enterprise endpoint backup
Learn why inSync received the highest overall rating from Druva and is the top choice for the mobile workforce.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Rethinking backup and recovery in the modern data center
Combining intelligence, operational analytics, and automation to enable efficient, data-driven IT organizations using the HP ABR approach.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.