Juniper Acquiring Trapeze Networks WLAN Division For $152 Million

Juniper Networks, Inc. (NYSE:JNPR) has announced that they are planning to acquire wireless local area network company Trapeze Networks for $152 million. Juniper’s revenues and earnings has been increasing over the last few quarters. Juniper stated that the acquisition would “accelerate the company’s growth in the enterprise market.” [WSJ]

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at
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