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Juniper Networks to Acquire WANDL, Inc. | |
Posted: Mon Dec 16, 2013 02:06:39 PM | |
SUNNYVALE, CA -- December 16, 2013 -- Juniper Networks (NYSE: JNPR), the industry leader in network innovation, today announced it has entered into a definitive agreement to acquire WANDL, Inc., a leading provider of software solutions for advanced planning, management, design and optimization of next-generation multi-layer networks. Under the terms of the agreement, Juniper Networks plans to acquire WANDL for a purchase price of approximately $60 million. News Highlights
Supporting Quotes Juniper Networks "WANDL, Inc. is a long-time Technology Alliance partner that brings to Juniper a track record of innovation and extensive experience in optimizing network infrastructure. As our service provider customers continue to focus on finding ways to address the proliferation of mobile, video, cloud computing and other data-intensive services, they will benefit from WANDL's capabilities to design and manage networks more easily and cost efficiently, at any scale. We look forward to working together to grow WANDL's core business and continue offering enhanced value for our customers."
WANDL "We believe the combination of WANDL's industry-leading network software solutions and Juniper's deep expertise in enabling high-performance networks will further benefit our global customers seeking to build next-generation architectures with greater operational efficiency and lower total cost of ownership. WANDL's employees have developed extensive skills in deploying advanced network management and design solutions for large multivendor networks. This knowledge, leveraged with Juniper's world-class organization, will help to deliver to the market highly scalable and integrated solutions that accelerate network performance."
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