Announced
Completed
Financials
Tags
big data
Friendly
Acquisition
wireless networks
artificial intelligence
IT Services: Other
Private
United States
Single Bidder
Completed
Majority
Synopsis
Juniper Networks, an industry leader in automated, scalable and secure networks, completed the acquisition of Mist Systems, a pioneer in cloud-managed wireless networks powered by Artificial Intelligence. The deal will enhance Juniper’s enterprise networking portfolio by combining Mist’s next-generation Wireless LAN platform with Juniper’s best-in-class wired LAN, SD-WAN and security solutions to deliver unsurpassed end-to-end user and IT experiences. "Juniper and Mist share a common strategic goal. We believe in the Software-Defined Enterprise and Mist’s focus on bringing AI to IT is consistent with our core belief that we need to simplify operations and improve customer experience while lowering costs. With Mist, we are adding a market leading solution to complement our portfolio, drive the cloud transition within the enterprise and accelerate our enterprise growth," Rami Rahim, Juniper Networks CEO.
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