Fergie's Tech Blog

Juniper rumored to be looking at Atrica

Via Red Herring.

Juniper Networks is at it again. The most acquisitive of the current crop of networking leaders is targeting carrier-grade Ethernet-switching startup Atrica, a company that may hit the break-even point by the end of the year.

A number of publications, including Israel’s The Marker, have gotten wind of the potential deal that could put Juniper well on its way to hitting the billion-dollar mark in terms of money spent on acquisitions in 2005.

Juniper has already spent more than half a billion dollars acquiring three startups. In March, Juniper announced it had acquired startup Kagoor Networks for $67.5 million. A month later, the company announced it had paid $337 million for Peribit Networks and $132 million for Redline Networks, two five-year-old networking equipment startups.

posted by Fergie @ 7/07/2005 09:07:00 AM