Juniper blows small wad on Trapeze
$152m for 'seamless, high-quality experience'
Posted in Business, 16th November 2010 16:26 GMT
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Switch colossus Juniper will acquire enterprise wireless networking specialist Trapeze Networks for $152m cash, it announced today.
It plans to integrate the buy into its corporate networking business, to allow clients to provide "a seamless, high-quality, secure experience to their users regardless of where and how they access their network".
According to Juniper, Trapeze Networks has more patents than any other WLAN provider. It is currently owned by Belden, a wire manufacturer.
The deal is expected to close before the end of the year. ®
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