M&A Deal Summary

Juniper Networks Acquires 128 Technology

On October 19, 2020, Juniper Networks acquired information technology company 128 Technology for 450M USD

Acquisition Highlights
  • This is Juniper Networks’ 8th transaction in the Information Technology sector.
  • This is Juniper Networks’ 3rd largest (disclosed) transaction.
  • This is Juniper Networks’ 23rd transaction in the United States.
  • This is Juniper Networks’ 3rd transaction in Massachusetts.

M&A Deal Summary
Date 2020-10-19
Target 128 Technology
Sector Information Technology
Buyer(s) Juniper Networks
Deal Type Add-on Acquisition
Deal Value 450M USD

Target

128 Technology

Burlington, Massachusetts, United States
128 Technology software teaches routers the language of applications and services, letting them understand the requirements of individual services and segments, and adapt the network dynamically to deliver what the business needs, when and where it needs it. 128 Technology was founded in 2014 and is based in Burlington, Massachusetts.

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Buyer(S) 1

Buyer

Juniper Networks

Sunnyvale, California, United States
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 27 of 30
Sector (Information Technology) 8 of 8
Type (Add-on Acquisition) 24 of 26
State (Massachusetts) 3 of 3
Country (United States) 23 of 25
Year (2020) 2 of 3
Size (of disclosed) 3 of 20
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-28 Netrounds AB

Lulea, Sweden

Netrounds AB is a programmable, software-based active test and service assurance platform suitable for fixed and mobile networks for the entire service lifecycle. Netrounds, which is vendor-agnostic, bridges the missing link between services and networks, providing assurance of the quality of service experience from a customer perspective, with insight into where problems originated when things go wrong.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-07 Apstra

Menlo Park, California, United States

Apstra, Inc. is a multinational software company delivering a unified solution to automate the architecture and operations of the data center network. Apstra’s flagship product, AOS, empowers organizations to automate all aspects of designing, building, deploying, and operating their networks, enabling them to make changes to their networks quickly and reliably, while making efficient use of human capital and ridding themselves of hardware vendor lock-in. Apstra was founded in 2014 and is based in Menlo Park, California.

Buy -
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