Feeds

Juniper takes two for improved application push

Redline and Peribit snagged in $500m spending spree

  • alert
  • submit to reddit

HP ProLiant Gen8: Integrated lifecycle automation

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

Reducing security risks from open source software

More from The Register

next story
Sysadmin Day 2014: Quick, there's still time to get the beers in
He walked over the broken glass, killed the thugs... and er... reconnected the cables*
Amazon Reveals One Weird Trick: A Loss On Almost $20bn In Sales
Investors really hate it: Share price plunge as growth SLOWS in key AWS division
Auntie remains MYSTIFIED by that weekend BBC iPlayer and website outage
Still doing 'forensics' on the caching layer – Beeb digi wonk
SHOCK and AWS: The fall of Amazon's deflationary cloud
Just as Jeff Bezos did to books and CDs, Amazon's rivals are now doing to it
BlackBerry: Toss the server, mate... BES is in the CLOUD now
BlackBerry Enterprise Services takes aim at SMEs - but there's a catch
The triumph of VVOL: Everyone's jumping into bed with VMware
'Bandwagon'? Yes, we're on it and so what, say big dogs
Carbon tax repeal won't see data centre operators cut prices
Rackspace says electricity isn't a major cost, Equinix promises 'no levy'
prev story

Whitepapers

Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
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.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Seven Steps to Software Security
Seven practical steps you can begin to take today to secure your applications and prevent the damages a successful cyber-attack can cause.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.