0
General

Juniper Networks buys Mist Systems for USD 405 mln

Monday 4 March 2019 | 14:47 CET | News
Update: 5 March 2019 | 08:58 CET
Juniper Networks has agreed to acquire Mist Systems, a specialist in AI cloud-managed mobile networks, for USD 405 million. The transaction is expected to close in Juniper's fiscal second quarter. It will likely have a slightly accretive effect to adjusted earnings per share in 2020, after having a small dilutive effect this year, the company said. With the deal, Juniper will combine Mist's WLAN platform with its own wired LAN, SD-WAN and security system, for an end-to-end user and IT offering.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?


[05/03/2019 08:58 - Update: added some info on Mist]


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Juniper Networks / Mist Systems
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Pyxya selects Juniper Networks' SD-WAN products to supply managed network services

Published 24 Sep 2019 11:28 CET | France
Juniper Networks has announced a partnership with Pyxya, a French start-up specialising in SD-WAN managed network services. Under ...

Juniper Networks issues USD 500 mln in new debt for refinancing

Published 20 Aug 2019 17:03 CET | World
Juniper Networks has raised USD 500 million for debt refinancing. The new issue of 3.75 percent senior notes due 2029 was priced ...

NEC XON provides Africa's first AI-driven wireless LAN using Mist Systems equipment

Published 15 Jul 2019 12:20 CET | Africa
Southern Africa IT company, NEC XON said it is providing the first AI-powered wireless LAN (WLAN) in Africa. It is based on ...

BT selects Juniper Networks for Network Cloud infrastructure roll-out

Published 03 Jun 2019 15:39 CET | United Kingdom
BT has selected Juniper Networks to support its 5G capability and deliver its Network Cloud infrastructure roll-out. This will ...

Juniper Networks trims FY outlook after 7% fall in Q1 revenues

Published 26 Apr 2019 10:26 CET | World
Juniper Networks reported weak results for the first quarter, as expected due to seasonal effects and a reorganisation of its ...

DelSanto joins Juniper Networks board of directors

Published 18 Mar 2019 08:49 CET | World
Juniper Networks appointed Anne DelSanto to its board of directors, effective 13 March. DelSanto currently serves as the EVP and ...

Juniper Networks integrates platforms with SONiC

Published 15 Mar 2019 08:01 CET | World
Juniper Networks announced native integration of its platforms with Software for Open Networking in the Cloud (SONiC), which was ...

Juniper Networks neemt Mist Systems over voor USD 405 miljoen

Published 06 Mar 2019 09:17 CET | World
Juniper Networks heeft het voornemen uitgesproken om Mist Systems, een specialist in AI cloud-managed mobiele netwerken, over te ...

Juniper Networks refreshes metro, edge and core products

Published 12 Feb 2019 17:19 CET | World
Juniper Networks said it refreshed its metro, edge and core products to accelerate service providers' 5G transformation. These ...

Juniper increases dividend, share buybacks after slower Q4

Published 30 Jan 2019 09:55 CET | World
Juniper Networks reported fourth quarter revenues in line with expectations, pulled down by weakness at some customers. ...

Juniper Networks acquires HTBase to ease multicloud management

Published 29 Nov 2018 15:11 CET | World
Juniper Networks announced an agreement to acquire HTBase, a US-based start-up that has developed a platform for software-defined ...

Verizon launches AI-driven SD WLAN service

Published 16 Feb 2018 11:24 CET | United States
Verizon Enterprise Solutions has announced the launch of a Software Defined Wireless Local Area Network (SD WLAN) to give its ...

NTT Docomo invests in Mist Systems

Published 19 Jul 2017 07:05 CET | Japan
Japan's NTT Docomo Ventures has invested in Mist Systems, a US-based start-up company that provides self-learning wireless ...

Juniper Networks to acquire AppFormix

Published 02 Dec 2016 11:54 CET | World
Juniper Networks announced the company's intent to acquire AppFormix, an innovator in cloud operations management. AppFormix's ...

Juniper Networks to buy Aurrion

Published 03 Aug 2016 09:57 CET | World
Juniper Networks has agreed to acquire Aurrion, a fabless semiconductor company working on silicon-photonics technology, for an ...