Juniper Networks (JNPR)
What is Juniper Networks?
Juniper Networks is a global developer of IT networking products. Founded in 1996, the company produces and distributes a range of products and services including network edge services, routers, network security solutions, switches and more.
What are the origins of Juniper Networks?
Juniper Networks was born as the risky venture of Pradeep Sindhu, who at the time was on a leave of absence from another tech company. Despite the initial doubters, Sindhu found capital and with his team tackled one of the biggest challenges plaguing the industry.
The result? Juniper Networks produced and shipped the revolutionary M40 internet router in September of 1998. Since then the company has continued to grow, develop, produce and create new innovative solutions for the tech sector.
Where does Juniper Networks operate?
With 92 offices in 43 countries worldwide, the company is headquartered in Sunnyvale, California, USA.
Their Worldwide Development Offices are based across 3 regional territories, defined by the company. In the Asia Pacific including China and India, in North America specifically Canada and the USA, and in the Europe, Middle East & Africa region in Israel.
Additionally, the company has an expansive sales network, including:
The Americas – Argentina, Brazil, Canada, Colombia, Mexico, and the USA.
Asia Pacific (APAC) – Australia, China, Hong Kong, India, Indonesia, Japan, Korea, Malaysia, New Zealand, Singapore, Taiwan, Thailand, and Vietnam.
Europe, Middle East, and Africa (EMEA) – Austria, Belgium, Denmark, Finland, France, Germany, Greece, Hungary, Ireland, Israel, Italy, Netherlands, Norway, Poland, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, UAE, and the UK.
In total, Juniper Networks employs over 9,300 across their worldwide operational territories.
What have been the recent acquisitions of Juniper Networks?
Since 1999, Juniper Networks has acquired over 20 companies, the majority of whom are connected to the technology sector. Some of the most prominent deals were the acquisitions of Unisphere Networks, a subsidiary of Siemens, for $585 million; Peribit Networks, specialising in WAN technology, for $337 million; and Micro Magic Inc., a ASIC design firm, for $260 million.
Taking a break between 2013–2016, their most recent acquisition, planned in the 2017 year, is set to be Cyphort, an American security analytics company for the defence sector. The deal is for an undisclosed sum.
Who are Juniper Networks’ main competitors?
Juniper Networks’ main competitors are companies working in the technology sphere. Their main competition is Cisco, the networking giant, with their ongoing rivalry known as the ‘Networking Wars’.
Other competitors to the brand include Alcatel, Huawei, Ericsson, and Riverbed.
Where is Juniper Networks traded?
With a total revenue of $4.99 billion is 2016, Juniper Networks is listed and traded through the New York Stock Exchange (NYSE). Get let latest JNPR share price with Capital.com.