Juniper acquires Altor Networks for USD 95 million

News Broadband Global 7 DEC 2010
Juniper acquires Altor Networks for USD 95 million
Network equipment manufacturer Juniper Networks has acquired virtualisation security technology provider Altor Networks. This acquisition will allow Juniper to extend its security position by delivering an integrated and scalable security architecture that protects physical and virtual systems. Under the terms of the agreement, Juniper acquired Altor for a cash purchase price of approximately USD 95 million, net of Altor shares already owned by Juniper. The acquisition builds on Juniper's existing technology partnership with Altor and will extend Juniper's leadership in security for both the enterprise and service provider virtualisation markets. The transaction closed on 6 December.

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