Feeds

Juniper takes two for improved application push

Redline and Peribit snagged in $500m spending spree

  • alert
  • submit to reddit

Beginner's guide to SSL certificates

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

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
IT crisis looming: 'What if AWS goes pop, runs out of cash?'
Public IaaS... something's gotta give - and it may be AWS
Linux? Bah! Red Hat has its eye on the CLOUD – and it wants to own it
CEO says it will be 'undisputed leader' in enterprise cloud tech
Oracle SHELLSHOCKER - data titan lists unpatchables
Database kingpin lists 32 products that can't be patched (yet) as GNU fixes second vuln
Ello? ello? ello?: Facebook challenger in DDoS KNOCKOUT
Gets back up again after half an hour though
Hey, what's a STORAGE company doing working on Internet-of-Cars?
Boo - it's not a terabyte car, it's just predictive maintenance and that
Troll hunter Rackspace turns Rotatable's bizarro patent to stone
News of the Weird: Screen-rotating technology declared unpatentable
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.