Juniper Networks Company Brief











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Company Brief
Juniper Networks

by Faulkner Staff

Docid: 00017587

Publication Date: 2203

Report Type: VENDOR

Preview

Juniper Networks is an international enterprise IP (Internet Protocol) and
networking products provider that is based in California. Juniper offers a
portfolio that includes routing, switching, security, and other types of products
and services.
Juniper’s technology is designed to meet the high-performance network
requirements of global service providers, cloud-based environments, enterprises,
government agencies, and public-sector organizations. This brief looks at
Juniper’s operations in greater detail.

Report Contents:

Fast Facts

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Name:
Juniper Networks
Headquarters
1133 Innovation Way
Sunnyvale, CA 94089
(408) 745-2000
(888) 586-4737
Fax:
408-745-2100
Web:
http://www.juniper.net/
Symbol:
JNPR (NYSE)
Founded:
1996


History

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Juniper Networks – which was established in 1996 – designs, develops, and
sells products and services for performance networks. Its customers use Juniper
technology to help build scalable, secure, and cost-effective networks that
achieve "agility, efficiency and value" through automation. Juniper sells its
products across the routing, switching, security, and platform sectors in three
geographic regions – the Americas; Europe, the Middle East and Africa (EMEA); and Asia-Pacific – and
has 120 office locations in 50
countries. Juniper’s technology is specifically catered toward the
high-performance network requirements of global service providers, cloud-based
environments, enterprises, government agencies, and public-sector organizations.

Juniper was originally supported by venture capital from IBM, 3Com, Ericsson,
and Nortel in 1996. Two years later, it achieved true competitiveness with the
debut of its M-series routing platform. That innovation gave birth to other
releases and by 2002 the company had released its T-series terabit router, one
of only a handful of such high-speed platforms commercially available and among
the fastest routers available at the time. The following list summarizes
significant events in Juniper’s history:

  • 1996
    – Establishes itself as "Juniper Networks."
  • 1998
    – Ships its first product: the M40 router.
  • 1999 – Begins trading publicly on NASDAQ as JNPR.
  • 2000
    – Sees company revenues climb to $674 million.
  • 2001
    – Acquires Pacific Broadband Communications in a $200 million stock transaction
    that signifies its entry into the CMTS market.
  • 2002
    – Releases its T-Series terabit router … Acquires Unisphere Networks from
    Siemens in a deal valued at $740 million.
  • 2004
    – Announces that it will acquire NetScreen Technologies in an all stock
    transaction that is valued at about $4 billion.
  • 2005
    – Acquires Funk Software, Peribit Networks, Acorn Packet Solutions, Kagoor
    Networks, and Redline Networks.
  • 2006 – Assumes a $900 million charge related to multiple
    instances of improper backdated stock option grants.
  • 2007 – Names Stephen Elop, a former Adobe Systems
    executive, as COO.
  • 2008
    – Enlists in the Next Generation Mobile Networks Alliance, a group that focuses
    on broadband wireless services standards.
  • 2009 – Unveils the Stratus project, a program for
    delivering next generation data center fabrics.
  • 2010
    – Announces an OEM agreement with IBM that will allow it to license and
    integrate IBM software into its open application networking platform.
  • 2011
    – Releases the Juniper Converged Supercore, a comprehensive packet transport
    offering that provides switching and transport technology to meet core
    networking requirements … Acquires the rights to the service-management layer
    of BitGravity’s content-delivery technology.
  • 2012 – Acquires Mykonos Networks to extend its security
    portfolio.
  • 2013
    – Agrees to acquire WANDL, which develops multi-layer data networking
    technology, for $60 million.
  • 2014
    – Sees the resignation of CEO Shaygan Kheradpir just 11 months into his tenure.
    Kheradpir is replaced by Rami Rahim.
  • 2015 – Forges an agreement with Ubuntu developer BetaNews
    through which they would pursue the development of OpenStack software for
    virtualizing core networks and network functions … Appoints former Cisco and
    Wal-mart executive Kevin Walker as CTO.
  • 2016 – Renews its collaborative agreement with NEC
    through which the companies will deliver NFV (network-functions
    virtualization)-based offerings.
  • 2017 – Introduces its new organizational structure, which
    includes the creation of an SVP, Strategy and Product Line Management. Kevin
    Hutchins is named to the post … Appoints Bikash Koley as its new CTO.
  • 2018 – Rolls out its Metro Fabric technology for providing an
    adaptive, agile, secure network infrastructure for streamlined service-creation
    and delivery in metro environments.
  • 2019 – Signs an agreement to purchase cloud-management
    wireless networks specialist Mist Systems … Refreshes its metro, edge, and
    core solutions to accelerate 5G transformation … Signs a contract to deploy
    networking technology for the CERN research institute … Appoints Raj Yavatkar
    as CTO … Teams with SCinet to conduct a field trial of 400Gbps Ethernet live
    traffic across a 1,300-mile span.
  • 2020 – Announces significant upgrades to the Advanced
    Threat Prevention Cloud and SRX Series firewalls, adding encrypted traffic
    analysis …. Integrates Secintel within the Mist platform … Teams with
    Netcracker Technology to foster end-to-end management of LAN, WLAN, and WAN
    networks … Appoints Sharon Mandell as Chief Information Officer.
  • 2021 – Comes to terms on an agreement to acquire Apstra, an
    intent-based, networking and automated closed-loop assurance company … Announces a
    deal with China’s largest carrier-neutral data center service provider, 21Vianet, to
    supply its MX series of routers to power the entire interconnected data center network
    in the country … The SEC orders the company to pay more than $3.5 million to a
    whistleblower whose tip led to civil bribery charges over allegations that the company
    violated the Foreign Corrupt Practices Act through its subsidiaries in Russia and China.

Key Executives

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Key Juniper executives include:

Rami Rahim – CEO
Pradeep Sindhu – Founder and Chief Scientist
Eva Andres
– Senior Vice President, Chief Human Resources Officer
Anand Athreya
– Executive Vice President, Chief Development Officer
David Cheriton
– Chief Data Center Scientist
Kevin Hutchins
– Senior Vice President, Strategy and Corporate Development
Derrell James
– Executive Vice President, Global Services
Marcus Jewell
– Executive Vice President, Chief Revenue Officer
Manoj Leelanivas
– Executive Vice Presidentand Chief Operating Officer
Sharon Mandell
– Senior Vice President and CIO
Ken Miller
– Executive Vice President, CFO
Robert Mobassaly
– Senior Vice President, General Counsel
Athena Murphy
– Chief of Staff and Vice President, Transformation
Raj Yavatkar
– Senior Vice President, CTO
Debashis Basu
– Senior Vice President, Engineering
Sujai Hajela
– Senior Vice President, AI-Driven Enterprise
Kireeti Kompella
– Senior Vice President, Engineering
Michael Marcellin
– Senior Vice President, Chief Marketing Officer
Brad Tallman
– Senior Vice President, Supply Chain Operations

Major Products

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Over the years, Juniper has expanded its product and services portfolio to
address domains in the network: the core; edge; access and aggregation; data
center; WAN; and campus and branch. Its collection of offerings are listed in
Table 1.

Table 1. Product Portfolio
Category Product
Products
  • Cloud Services
  • Identity and Access Control
  • Network Automation
  • Network Edge Services
  • Network Operating System
  • Packet Optical
  • Routing
  • SDN, Management and Operations
  • Security
  • Software
  • Switching
  • Wireless Access Points
Solutions
  • Enterprise
  • Cloud Provider
  • Service Provider
Services
  • Advisory
  • Implementation
  • Migration
  • Optimization
  • Support

Major Competitors

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Juniper’s competition, primarily in various network infrastructure markets,
includes Cisco, Arista Networks, Dell, HPE, Huawei Technologies, and Nokia,
among others.

Recent Activity

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Recent Juniper activity of note has included:

  • February 2022 – Acquires WiteSand, a pioneer of cloud-native
    zero trust Network Access Control (NAC) solutions, accelerating the company’s ongoing
    efforts to deliver a next-generation NAC solution as a key element of their AI-driven
    enterprise portfolio.
  • October – Is selected by UPC Poland, that country’s largest cable TV
    operator, to provide a new, 400G-ready network to power its international core infrastructure
    for broadband internet, digital television, mobile and digital telephony (VoIP) services,
    and a range of business voice and data services to millions of consumers.
  • August – Joins the SoftBank 5G Consortium as a 5G-related partner;
    the consortium brings together partners, operators, industry experts, and companies in
    5G-related fields to collaborate alongside SoftBank on proof-of-concept demonstrations
    aimed at addressing the commercialization and adoption of 5G solutions across various
    industry verticals … The SEC orders Juniper to pay more than $3.5 million to a whistleblower
    whose tip led to civil bribery charges over allegations that the company violated the Foreign
    Corrupt Practices Act through its subsidiaries in Russia and China.
  • May – Introduces the Juniper Security Director Cloud, a cloud-based
    portal that distributes connectivity and security services to sites, users, and applications,
    as well as manages customers’ Secure Access Service Edge (SASE) transformations.
  • April 2021 – Announces deal with 21Vianet, a leading carrier-neutral
    data center service provider in China, to deploy its MX Series Universal Routing Platforms
    using segment routing traffic engineering (SR-TE) protocols to help meet the rising demands
    of data traffic and to support the ever-growing digital transformation needs of its customers.

 

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