Juniper Networks

Juniper Networks, Inc. is an American <a href="/facts/Multinational_corporation/qrMQSMTb">multinational corporation</a> headquartered in <a href="/facts/Sunnyvale,_California/ghnntvr1">Sunnyvale, California</a>. The company develops and markets networking products, including <a href="/facts/Router_(computing)/Nh5cIyVf">routers</a>, <a href="/facts/Network_switch/CnvmhNYT">switches</a>, <a href="/facts/Network_management/w344Ubfp">network management</a> software, <a href="/facts/Network_security/09f8YxwD">network security</a> products, and <a href="/facts/Software-defined_networking/MJGFxyoj">software-defined networking</a> technology.
The company was founded in 1996 by <a href="/facts/Pradeep_Sindhu/x1L7yBL4">Pradeep Sindhu</a>, with <a href="/facts/Scott_Kriens/pDaf0FTJ">Scott Kriens</a> as the first CEO, who remained until September 2008. Kriens has been credited with much of Juniper's early market success. It received several rounds of funding from <a href="/facts/Venture_capital/yeH3m7zo">venture capitalists</a> and <a href="/facts/Telecommunications/vxoj1cxR">telecommunications</a> companies before <a href="/facts/Initial_public_offering/2NntDhrG">going public</a> in 1999. Juniper grew to $673 million in annual revenues by 2000. By 2001 it had a 37% share of the core routers market, challenging <a href="/facts/Cisco_Systems/ocDgQt6T">Cisco</a>'s once-dominant market-share. It grew to US$4 billion in revenues by 2004 and $4.63 billion in 2014. Juniper appointed <a href="/facts/Kevin_Johnson_(executive)/GXbLmBJ2">Kevin Johnson</a> as CEO in 2008, <a href="/facts/Shaygan_Kheradpir/Lquqj1nY">Shaygan Kheradpir</a> in 2013 and Rami Rahim in 2014.
Juniper Networks originally focused on <a href="/facts/Core_router/25QeSMjx">core routers</a>, which are used by <a href="/facts/Internet_service_provider/dUacAxef">internet service providers</a> (ISPs) to perform <a href="/facts/Whois/B8wFy1BS">IP address lookups</a> and direct <a href="/facts/Internet_traffic/7LbX5bDq">internet traffic</a>. Through the acquisition of <a href="/facts/Unisphere_Networks/cnSpWawR">Unisphere</a>, in 2002, the company entered the market for <a href="/facts/Router_(computing)/Nh5cIyVf">edge routers</a>, which are used by ISPs to route internet traffic to individual consumers. In 2003, Juniper entered the <a href="/facts/IT_security/7E5dIy7G">IT security</a> market with its own JProtect security toolkit before <a href="/facts/Takeover/JGfEbTy0">acquiring</a> security company <a href="/facts/NetScreen_Technologies/By6m2zUB">NetScreen Technologies</a> the following year. In the early 2000s, Juniper entered the enterprise segment, which accounted for one-third of its revenues by 2005. Since 2014, Juniper has been focused on developing new software-defined networking products. In early 2024, Juniper agreed to be bought out by <a href="/facts/Hewlett_Packard_Enterprise/d9NbClDt">Hewlett Packard Enterprise</a> (HPE) for approximately $14 billion.

Juniper Networks open-in-new

Juniper Networks