M&A Deal Summary

Juniper Networks Acquires Trapeze Networks

On November 16, 2010, Juniper Networks acquired communications company Trapeze Networks from Belden for 152M USD

Acquisition Highlights
  • This is Juniper Networks’ 2nd transaction in the Communications sector.
  • This is Juniper Networks’ 8th largest (disclosed) transaction.
  • This is Juniper Networks’ 1st transaction in Canada.
  • This is Juniper Networks’ 1st transaction in Ontario.

M&A Deal Summary

Date 2010-11-16
Target Trapeze Networks
Sector Communications
Buyer(s) Juniper Networks
Sellers(s) Belden
Deal Type Divestiture
Deal Value 152M USD

Target

Trapeze Networks

Toronto, Ontario, Canada
website
Trapeze Networks, Inc., provides wireless LAN (WLAN) solutions with a focus on unmatched reliability, specializing in industries where always-on connectivity is a business-critical concern such as healthcare, education, manufacturing and hospitality. As part of Smart Mobile®, its highly distributed edge-networking architecture, Trapeze Networks has pioneered technologies that deliver unprecedented session-level reliability, such as controller virtualization.

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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 14 of 29
Sector (Communications) 2 of 2
Type (Divestiture) 2 of 3
State (Ontario) 1 of 2
Country (Canada) 1 of 2
Year (2010) 3 of 4
Size (of disclosed) 8 of 20
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-07-27 SMobile Systems

Columbus, Ohio, United States

SMobile Systems, Inc., a privately held software company focused solely on smart phone and tablet security solutions for the enterprise, service provider and consumer markets.

Buy $70M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-12-06 Altor Networks

Redwood Shores, California, United States

Altor Networks, Inc.,an innovator and provider of security for virtual data centers and in the cloud. The company developed the world's first purpose-built firewall for virtual networks and has continued to embed multiple layers of protections including on-board intrusion detection (IDS). Altor's virtualization security solutions are currently protecting some of the world's most demanding virtual environments, including federal, state and local governments, and well-known service providers, universities and retailers.

Buy $95M

Seller(S) 1

SELLER

Belden

St. Louis, Missouri, United States

website


Category Company
Founded 1902
Sector Technology Hardware
Employees8,000
Revenue 2.6B USD (2022)
DESCRIPTION

Belden designs, manufactures, and markets cable, connectivity, and networking products in markets including industrial automation, enterprise, transportation, infrastructure, and consumer electronics. Belden was incorporated in 1902 and is headquartered in St. Louis, Missouri.


DEAL STATS #
Overall 1 of 4
Sector (Communications) 1 of 1
Type (Divestiture) 1 of 4
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2010) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-11-11 Thomas & Betts Communications Products Business

United States

Thomas & Betts Communications Products Business, is a manufacturer of communication products.

Buy $78M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-11-23 GarrettCom

Fremont, California, United States

GarrettCom, Inc. is a designer, manufacturer and marketer of industrial networking products for specialty and stressed applications in the United States and internationally.

Buy $52M