India, Dec. 17, 2013 – 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.
News Highlights
· With this acquisition, Juniper Networks gains proven technology and deep experience in traffic engineering, multi-layer optimization and path computation, which will help its service provider customers optimize the performance and cost of their networks.
· WANDL offers a diverse portfolio of best-in-class solutions for advanced network analysis, simulation, optimization, capacity planning and management that provide improved network performance, reduced network costs, increased productivity and highly accurate demand forecasting.
· The WANDL team will continue to be headquartered in New Jersey, joining forces with Juniper Networks OpenLab, The Junos® Center for Innovation, to further accelerate new network-integrated applications for our connected society.
· The transaction is expected to close in January 2014, subject to customary closing conditions.
Supporting Quotes
Juniper Networks
“WANDL, Inc. is a long-time Technology Alliance partner that brings to Juniper a track record of innovation and extensive experience in optimizing network infrastructure. As our service provider customers continue to focus on finding ways to address the proliferation of mobile, video, cloud computing and other data-intensive services, they will benefit from WANDL’s capabilities to design and manage networks more easily and cost efficiently, at any scale. We look forward to working together to grow WANDL’s core business and continue offering enhanced value for our customers.”
— Daniel Hua, senior vice president and general manager, Routing Business Unit, Juniper Networks
WANDL
“We believe the combination of WANDL’s industry-leading network software solutions and Juniper’s deep expertise in enabling high-performance networks will further benefit our global customers seeking to build next-generation architectures with greater operational efficiency and lower total cost of ownership. WANDL’s employees have developed extensive skills in deploying advanced network management and design solutions for large multivendor networks. This knowledge, leveraged with Juniper’s world-class organization, will help to deliver to the market highly scalable and integrated solutions that accelerate network performance.”
— Dave Wang, president, WANDL, Inc.
