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Company Brief
Juniper Networks
Copyright 2022, Faulkner Information Services. All Rights
Reserved.
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.
| Category | Product |
|---|---|
| Products |
|
| Solutions |
|
| Services |
|
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.
- Arista Networks:
https://www.arista.com/en/ - Cisco Systems: http://www.cisco.com/
- Dell Technologies:
https://www.delltechnologies.com/en-us/index.htm - Hewlett Packard Enterprise:
https://www.hpe.com/ - Huawei Technologies: http://www.huawei.com/en/
- Nokia: http://www.nokia.com/
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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