Juniper Networks pays $95M for Altor Networks

Juniper Networks has acquired Altor Networks for $95 million in cash. The Sunnyvale, Calif-based company said it bought the virtualization security technology company to bolster its position in the mobile security market.
The previous partners also plan to expand their security technology for both the enterprise and service provider virtualization markets. Some of the capabilities developed by Altor that attracted Juniper to the deal include a “hypervisor-based firewall, on-board instrusion detection, complete network visibility and monitoring and comprehensive reporting for compliance.” Juniper made a venture investment in the company earlier this year.
“Juniper is excited to acquire one of the industry’s leading virtualization security vendors and the extremely talented team that built it,” said Mark Bauhaus, EVP and GM at Juniper Networks. “This acquisition will extend our leadership in data center and cloud security and will enable customers to deploy a consistent set of security services across their physical and virtual infrastructure, while delivering lowest total cost of ownership.”
Altor was co-founded in 2007 by CEO Amir Ben-Efraim, who said: “We look forward to extending our leadership in the VM security market. We are excited about the opportunity to leverage Juniper’s world-class organization and market-leading products to deliver tightly integrated, feature-rich security solutions to customers.”