Tag Archives: Juniper Networks Inc.
McAfee Acquiring Database Security Company Sentrigo
Intel Corporation (NASDAQ:INTC) subsidiary McAfee has announced that they are acquiring database security company Sentrigo. Sentrigo had previously raised $9.5 million in VC funding from Benchmark Capital, Stata Venture Partners and Juniper Networks. Sentrigo sells host-based software that can protect enterprise databases by monitoring activity in real-time and providing alerts. McAfee had partnered with Sentrigo in 2010 as part of an OEM agreement to support McAfee’s own database security software. Intel acquired McAfee for $7.68 billion in August 2010. [TechCrunch]
Juniper Buys Altor Networks For $95 Million
Juniper Networks has acquired Altor Networks for around $95 million in cash. Altor is known for selling monitoring and security tools for virtual environments. Juniper had invested in Altor in early 2010 through the Junos Innovation Fund. [InformationWeek]
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]
Categories Juniper Networks Inc., Trapeze Networks
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BLADE Network Technologies Raises $10 Million Led By NEC
BLADE Network Technologies is a server and data center switch company that competes with Cisco Systems. BLADE Network Technologies raised $10 million in funding led by NEC and Juniper Networks. Garnett & Helfrich Capital, the initial investor in Blade Network also participated in this round. Blade has raised $40 million in total funding thus far.
BLADE Network is led by CEO Vikram Mehta. Mehta said that BLADE was able to effectively compete against Cisco and 3Com because hardware does not cost much these days. “Our real story is software” stated Mehta in an interview with VentureBeat. Based on this round of funding, BLADE is valuated at $230 million.
Kevin Johnson, Head Of Microsoft Online Division Leaving For Juniper Networks
Kevin Johnson, Microsoft Corporation (NASDAQ:MSFT) President, Platforms & Services Division has stepped down to work for Juniper Networks Inc. (NASDAQ:JNPR). Johnson led Microsoft’s bid for the acquisition of Yahoo! Inc. (NASDAQ:YHOO).
Johnson joined Microsoft in 1992 and reported directly to CEO, Steve Ballmer. As Johnson walks away from the company, the Platforms and Services dvision will have a re-organization. On May 18, 2008, Johnson sent out an e-mail regarding Microsoft’s execution against their own core strategies. Johnson came up with four pillars to pursue opportunity in online services/advertising:
1. Consolidate ad platform and win in display
2. Innovate and disrupt in search
3. Deliver end-to-end user experiences across PC, phone, and Web
4. Reinvent portal and social media experiences
Johnson’s responsibilities at Juniper are not yet known.
Related Links:
1. WSJ
2. AllThingsD
Categories Juniper Networks Inc., Microsoft Corporation, Yahoo!
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