Monday, December 27, 2010

Juniper extending its Virtualization portfolio

SUNNYVALE, Calif., Dec. 6, 2010 — Juniper Networks (NYSE: JNPR) today announced it has acquired Altor Networks, a leading provider of virtualization security technology that enables organizations to secure the virtualized world. This acquisition will allow Juniper to extend its market-leading security position by delivering an integrated, highly-scalable security architecture that protects physical and virtual systems. Under the terms of the agreement, Juniper acquired Altor for a cash purchase price of approximately $95 million, net of Altor shares already owned by Juniper.

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