63 Facts About Juniper Networks

Juniper Networks, Inc is an American multinational corporation headquartered in Sunnyvale, California.

Juniper Networks develops and markets networking products, including routers, switches, network management software, network security products, and software-defined networking technology.

Juniper Networks appointed Kevin Johnson as CEO in 2008, Shaygan Kheradpir in 2013 and Rami Rahim in 2014.

Juniper Networks originally focused on core routers, which are used by internet service providers to perform IP address lookups and direct internet traffic.

In 2003, Juniper Networks entered the IT security market with its own JProtect security toolkit before acquiring security company NetScreen Technologies the following year.

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Later that year, Juniper Networks raised an additional $40 million in investments from a round that included four out of five of the largest telecommunications equipment manufacturers: Siemens, Ericsson, Nortel and 3Com.

Juniper Networks signed agreements with Alcatel and Ericsson to distribute the M40 internationally.

Juniper Networks filed for an initial public offering in April 1999 and its first day on the NASDAQ was that June.

That same year, Juniper Networks moved its headquarters from Mountain View to Sunnyvale, California.

Cisco had grown through acquisitions to be a large generalist vendor for routing equipment in homes, businesses and for ISPs, whereas Juniper Networks was thought of as the "anti-Cisco" for being a small company with a narrow focus.

Cisco's routers were not expected to erode Juniper Networks's growing share of the market, but other companies such as Lucent, Alcatel, and startups Avici Systems and Pluris had announced plans to release products that would out-pace Juniper Networks's routers.

Juniper Networks introduced a suite of routers for the network edge that allowed it to compete with Cisco.

In late 2000, Juniper Networks formed a joint venture with Ericsson to develop and market network switches for internet traffic on mobile devices, and with Nortel for fiber optic technology.

In 2001, Juniper Networks introduced a technical certification program and was involved in the first optical internet network in China.

Juniper Networks's growth slowed in 2001 as the telecommunications sector experienced a slowdown and revenues fell by two-thirds during the dot-com bust.

Juniper Networks had rebounded by 2004, surpassing $1 billion in revenues for the first time that year and reaching $2 billion in revenue in 2005.

Juniper Networks had a reputation for serving ISPs, not enterprises, which it was trying to change.

Juniper Networks stockholders alleged the company engaged in deceptive backdating practices that benefited its top executives unfairly.

In December 2006, Juniper Networks restated its financials, charging $900 million in expenses to correct backdated stock options from 1999 to 2003.

Juniper Networks hired other former Microsoft executives to focus on the company's software strategy and encourage developers to create software products that run on the Junos operating system.

Juniper Networks established partnerships with IBM, Microsoft and Oracle for software compatibility efforts.

In November 2013, Juniper Networks announced that Shaygan Kheradpir would be appointed as the new CEO.

In May 2014, Palo Alto Networks agreed to pay a $175 million settlement for allegedly infringing on Juniper's patents for application firewalls.

In 2004 Juniper Networks made a $4 billion acquisition of network security company NetScreen Technologies.

Juniper Networks revised NetScreen's channel program that year and used its reseller network to bring other products to market.

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Juniper Networks made five acquisitions in 2005, mostly of startups with deal values ranging from $8.

From 2010 to September 2011, Juniper Networks made six acquisitions and invested in eight companies.

In 2012, Juniper Networks acquired Mykonos Software, which develops security software intended to deceive hackers already within the network perimeter.

In 2014, Juniper Networks acquired the software-defined networking company WANDL.

Juniper Networks acquired cloud operations management and optimization startup AppFormix in December 2016.

In 2017, Juniper Networks bought Cyphort, a Silicon Valley startup that makes security analytics software.

In February 2022, it was announced Juniper Networks had acquired WiteSand, a specialist cloud-native zero trust Network Access Control solutions company.

Juniper Networks is the third largest market-share holder overall for routers and switches used by ISPs.

In data center security appliances, Juniper Networks is the second-place market-share holder behind Cisco.

In WLAN, where Juniper Networks used to hold a more marginal market share, it is expanding through its acquisition of Mist Systems, now a visionary in WLAN according to Gartner.

Juniper Networks provides technical support and services through the J-Care program.

At this time, Juniper Networks had the largest market-share of the broadband aggregation market.

In 2003, Juniper Networks entered the market for cable-modem termination systems with the G-series product family after the acquisition of Pacific Broadband.

Seven months later, Juniper Networks acquired WANDL, and its technology was integrated into the NorthStar WAN controller Juniper Networks announced in February 2014.

In February 2011, Juniper Networks introduced QFabric, a proprietary protocol methodology for transferring data over a network using a single network layer.

In October 2013, Juniper Networks introduced another network architecture called MetaFabric and a new set of switches, the QFX5100 family, as one of the foundations of the new architecture.

In February 2014, several software and hardware improvements were introduced for Juniper Networks routers, including a series of software applications ISPs could use to provide internet-based services to consumers.

In December 2014, Juniper Networks introduced a network switch, OCX1100, that could run on either the Junos operating system or the Open Compute Project open-source software.

Juniper Networks introduced the JProtect security toolkit in May 2003.

The NetScreen-5GT ADSL security appliance was the first new NetScreen product Juniper Networks introduced after the acquisition and its first wireless product.

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The first Juniper Networks product intended for small businesses was a remote access appliance that was released in August 2004.

In September 2004, Juniper Networks entered the market for enterprise access routers with three routers that were the first of the J-series product family.

Juniper Networks released its first dedicated Network Access Control product in late 2005, which was followed by the acquisition of Funk Software for its NAC capabilities for switches.

Juniper Networks released the SRX family of gateway products in 2008.

The gateways sold well, but customers and resellers reported a wide range of technical issues starting in 2010, which Juniper Networks did not acknowledge until 2012, when it began providing updates to the product software.

In May 2012, Juniper Networks released a series of new features for the web security software it acquired from Mykonos Software that February.

In January 2014, Juniper Networks announced the Firefly Suite of security and switching products for virtual machines.

The following month Juniper Networks released several products for "intrusion deception", which create fake files, store incorrect passwords and change network maps in order to confuse hackers that have already penetrated the network perimeter.

In December 2015, Juniper Networks Systems announced that they had discovered "unauthorized code" in the ScreenOS software that underlies their NetScreen devices, present from 2012 onwards.

The following month Juniper Networks announced its SDN strategy, which included a new licensing model based on usage and new features for the Junos operating system.

In February 2013, Juniper Networks released several SDN products, including the application provisioning software, Services Activation Director and the Mobile Control Gateway appliance.

In May 2013, Juniper Networks announced an SDN controller called JunosV Contrail, using technology it acquired through Contrail Systems.

Every year, since 2009, Juniper Networks holds SDN Throwdown competition to encourage students from universities across the world to access NorthStar Controller and build a solution around it to optimize network throughput.

In March 2015, Juniper Networks announced a series of updates to the PTX family of core routers, the QFX family of switches, as well as updates to its security portfolio.

In October 2018, Juniper Networks announced a new offering called EngNet, which is a set of developer tools and information meant to help companies move toward automation, and replace the typical command-line interface.

Juniper Networks sells directly to businesses, as well as through resale and distribution partners, such as Ericsson, IBM, Nokia, IngramMicro and NEC.

Juniper Networks operates the Junos Innovation Fund, which was started with $50 million in 2010 and invests in early-stage technology companies developing applications for the Junos operating system.

In December 2015, Juniper Networks issued an emergency security patch for a backdoor in its security equipment.