Computer Peripherals M&A » By The Online Investor Staff, updated Tue., May. 24, 8:36 AM
Recent mergers and acquisitions in the Computer Peripherals M&A category.
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Slide #10. Juniper Networks — WANDL, Inc.
Acquirer:
Juniper Networks (NYSE:JNPR)
Acquiree:
WANDL, Inc.
Details:
Juniper Networks (NYSE: JNPR), the industry leader in network innovation, today announced it has entered into a definitive agreement to acquire WANDL, Inc., a leading provider of software solutions for advanced planning, management, design and optimization of next-generation multi-layer networks. Under the terms of the agreement, Juniper Networks plans to acquire WANDL for a purchase price of approximately $60 million.
Juniper Networks designs, develops, and sells products and services for networks. Co.'s network and service offerings include routing, switching, Wi-Fi, network security, artificial intelligence (AI) or AI-enabled enterprise networking operations, and software-defined networking technologies. In addition to its products, Co. provides its customers a variety of services, including maintenance and support, other services, Software-as-a-Service, and education and training programs. Co.'s portfolio addresses multiple domains in the network: primary; edge; access and aggregation; data centers; and campus and branch. Co.'s principal product families include: ACX Series, MX Series and PTX Series.
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Avg. Broker Rec.
 
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Buy (2.75 out of 4) 5th percentile
(ranked lower than approx. 95% of all stocks covered)
Analysts' Target Price: JNPR Stock Forecast Based on Zacks ABR data; powered by Xignite |
