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On the Record · Juniper Networks

Juniper Networks acquisitions, on the record

The businesses Juniper Networks bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Mist Systems, Inc.
Word for word“Our acquisition of Mist Systems, Inc. ("Mist") in 2019 accelerated our ability to execute this belief in cloud-managed AI or AIOps through a combination of cloud-based intelligence, enterprise-grade access points, and EX series switches.” 10-K for 2022
acquisition2019—
128 Technology, Inc.
Word for word“In 2020, we acquired 128 Technology, Inc. ("128 Technology") and Netrounds AB ("Netrounds").” 10-K for 2022
acquisitionIn 2020—
Netrounds AB
Word for word“In 2020, we acquired 128 Technology, Inc. ("128 Technology") and Netrounds AB ("Netrounds").” 10-K for 2022
acquisitionIn 2020—
Apstra, Inc.
Word for word“In 2021, we acquired Apstra, Inc. ("Apstra"), an intent-based networking solution that leverages closed-loop automation and assurance along with multivendor support, to provide a complete fabric management solution, and acquired WiteSand, a provider of cloud-native zero trust Network Access Control ("NAC") solutions, to accelerate our ongoing efforts to deliver next-generation NAC solutions.” 10-K for 2022
acquisitionIn 2021—
WiteSand
Word for word“In 2021, we acquired Apstra, Inc. ("Apstra"), an intent-based networking solution that leverages closed-loop automation and assurance along with multivendor support, to provide a complete fabric management solution, and acquired WiteSand, a provider of cloud-native zero trust Network Access Control ("NAC") solutions, to accelerate our ongoing efforts to deliver next-generation NAC solutions.” 10-K for 2022
acquisitionIn 2021—
Cyphort
Word for word“From June 2013 to September 2017, Mr. Leelanivas was President and Chief Executive Officer of Cyphort, an innovator in scale-out security analytics technology, which was acquired by Juniper in September 2017.” 10-K for 2022
acquisitionSeptember 2017—
Silicon photonics business (OpenLight Photonics, Inc.)
Word for word“On April 4, 2022, Synopsys, Inc ("Synopsys") purchased Juniper's silicon photonics business and formed a new entity called OpenLight Photonics, Inc. ("OpenLight").” 10-K for 2022
divestitureApril 4, 2022—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Cash received from selling businessesGoodwill from acquisitions
2016-12-31$113 million$0$100.4 million
2017-12-31$27 million—$16.7 million
2018-12-31$16.4 million—$14.4 million
2019-12-31$270.9 million—$228.3 million
2020-12-31—$0$332.5 million
2021-12-31—$0$92.5 million
2022-12-31—$89.1 million—
2023-12-31—$0—
2024-12-31—$0—

Deal filings since 2016

Read from Juniper Networks’s annual reports (10-K for 2024, 10-K for 2023, 10-K for 2022) and the financial data it files with the SEC, as of 2025-02-21. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.