Home / News / Juniper Buys Trapeze Networks for $152 Million

Juniper Buys Trapeze Networks for $152 Million

Photo: TheThirdMan

Juniper Networks has a deal in place to acquire Trapeze Networks from Belden Inc. for $152 million.

Trapeze focuses on enterprise wireless local area network systems and management software.

The acquisition will allow Juniper to increase its WLAN infrastructure offerings as it continues to look for new opportunities in the market.

“With the acquisition of Trapeze Networks, we extend our industry leading routing, security and switching portfolio with proven and innovative WLAN technology that will enable our customers to provide a seamless, high-quality, secure experience to their users regardless of where and how they access their network,” said David Yen, executive vice president and general manager, Fabric and Switching Technologies at Juniper Networks. “Juniper’s strong history of technology execution combined with Trapeze’s accomplished team ideally positions the company to deliver end-to-end high-performance networking for the world’s most demanding networks.”

Follow me on Facebook

Check Also

Darius Adamczyk to Become Honeywell Chairman in April; Duncan Angove Named Independent Director

Darius Adamczyk, president and CEO of Honeywell, will succeed the retiring Dave Cote as chairman …

Leave a Reply

Your email address will not be published. Required fields are marked *