M&A Deal Summary

Juniper Networks Acquires NetScreen Technologies

On February 9, 2004, Juniper Networks acquired information technology company NetScreen Technologies for 4.0B USD

Acquisition Highlights
  • This is Juniper Networks’ 1st transaction in the Information Technology sector.
  • This is Juniper Networks’ largest (disclosed) transaction.
  • This is Juniper Networks’ 6th transaction in the United States.
  • This is Juniper Networks’ 5th transaction in California.

M&A Deal Summary
Date 2004-02-09
Target NetScreen Technologies
Sector Information Technology
Buyer(s) Juniper Networks
Deal Type Add-on Acquisition
Deal Value 4.0B USD

Target

NetScreen Technologies

Sunnyvale, California, United States
website
NetScreen Technologies, Inc. is a developer of network security and access solutions for enterprises and carriers worldwide. NetScreen's solutions offer customers multiple layers of network and application-level protection in purpose-built appliances and systems that meet customers' security, performance and total cost of ownership objectives.

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Buyer(S) 1

Buyer

Juniper Networks

Sunnyvale, California, United States

website

Category Company
Founded 1996
Sector Technology Hardware
Employees10,191
Revenue 5.3B USD (2022)
DESCRIPTION
Entrance to Juniper's corporate campus in Sunnyvale, California.
Entrance to Juniper's corporate campus in Sunnyvale, California.

Juniper Networks designs, develops, and sells products and services for high-performance networks to enable customers to build networks for their businesses. Juniper Networks was founded in 1996 and is based in Sunnyvale, California.

DEAL STATS #
Overall 6 of 29
Sector (Information Technology) 1 of 8
Type (Add-on Acquisition) 5 of 26
State (California) 5 of 19
Country (United States) 6 of 25
Year (2004) 1 of 1
Size (of disclosed) 1 of 20
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-07-02 Unisphere Networks

Westford, Massachusetts, United States

Unisphere Networks, Inc. is a provider of carrier-class IP infrastructure products to enable data, voice and rich media services. With an Edge-Optimized Architecture, Unisphere Networks enables service providers to create and deploy revenue-generating services with IP Quality of Service, wire-speed performance, reliability and scale.

Buy $585M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-04-26 Peribit Networks

Santa Clara, California, United States

Peribit Networks improves business efficiencies by resolving the technical limitations of WANs. The company's integrated PeriSphere architecture accelerates application performance, simplifies application rollouts, facilitates data center consolidation, and improves disaster recovery, backup, and regulatory compliance. Peribit Sequence Reducer and Sequence Mirror platforms, combined with the Sequence Reduction System and PeriScope Central Management System software, accelerate applications, increase WAN capacity, enable application control, and provide unprecedented visibility into WAN performance.

Buy $337M
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