Juniper expects deal to close by mid-year, bolster optical and SDN platforms
Juniper Networks said it has entered into an agreement to purchase BTI Systems in a move to bolster its optical, software-defined networking, cloud and software business.
The deal is said to allow the company to speed up the delivery of open and automated packet optical transport solutions integrated with its NorthStar Controller. With BTI’s technology, the platform will be able to offer network management features supporting end-to-end provisioning of new services.
Financial terms of the deal were not released, though Jonathan Davidson, EVP and GM for Juniper Development and Innovation, said it did not expect a “material” impact on its finances. The deal is set to close by mid-year.
Juniper last year was the center of rumors concerning a possible acquisition by Ericsson, which analysts said needed to bolster its own portfolio to counter Nokia Network’s acquisition of Alcatel-Lucent. However, Juniper’s asking price of around $10 billion was thought to of perhaps have been too much for Ericsson, which instead signed a partnership deal with Cisco Systems in a move thought to have negatively impacted Juniper.
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