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SUNNYVALE, CA and SAN FRANCISCO, CA--(Marketwire - Jul 24, 2012) - Juniper Networks (NYSE: JNPR), the industry leader in network innovation, and Riverbed Technology (NASDAQ: RVBD), the performance company, today announced a technology partnership in wide area network (WAN) optimization, application delivery and mobility to deliver market-leading technologies for enterprises looking to increase the efficiency of their IT infrastructures and securely deliver better performance of applications across devices, networks and clouds.

As the application acceleration market moves toward more convergence between the network and application layers, both Juniper Networks and Riverbed® recognize the need to invest in next-generation solutions that will deliver better performance, security and scale across any environment.

News Highlights

• Under the terms of the agreement, Juniper Networks is licensing Riverbed's application delivery controller (ADC) technology for approximately $75 million. This technology partnership will enhance Juniper's capabilities in key network domains across the enterprise, including in the data center, across WANs, and consumer and business devices through new application networking technologies that better manage, scale and optimize any application's use of the network.
• Riverbed and Juniper will begin a joint effort to integrate Riverbed's Steelhead® Mobile technology into the Juniper Networks® Junos® Pulse client to provide a mobile acceleration solution for mobile phones and tablets.
• Riverbed and Juniper Networks will work together to deliver best-in-class WAN optimization solutions to their respective customers.
• The partnership will enable both companies to strengthen their respective application acceleration solution sets and provide customers with unmatched performance and flexibility, while reducing overall total cost of ownership.

Supporting Quotes

Juniper Networks

"We are excited to partner with Riverbed to bring innovative, ground-breaking technologies to our enterprise customers. Riverbed's application acceleration and WAN optimization solutions will complement our strategic focus on delivering high-performance networking infrastructure and further enhance our position in both data center and consumer and business device domains. Our joint efforts with Riverbed will enable us to push the future of application networking."

- Bob Muglia, executive vice president, Software Solutions Division, Juniper Networks

Riverbed

"This multi-faceted partnership will allow us to expand our addressable markets by providing customers with integrated solutions that increase the efficiency of their IT infrastructure. We'll work closely with Juniper to bring solutions to market that impact the performance of the entire enterprise and close the gap between data and the geographically dispersed people accessing that data from all around the world on various platforms."

- Eric Wolford, executive vice president and general manager, Products Group, Riverbed