Juniper jumps on SDN startup

Juniper jumps on SDN startup

Juniper Networks last week acquired Contrail Systems, a startup that makes controllers for software-defined networks, for $176 million in cash and stock. Contrail was founded early this year by officials from Google, Cisco, Juniper and Aruba. CEO Ankur Singla served as CTO and VP of engineering at A...

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Veröffentlicht in:Network World 2012-12, Vol.29 (22), p.9
1. Verfasser: Duffy, Jim
Format: Artikel
Sprache:eng
Schlagworte:
Acquisitions & mergers
Service introduction
Software industry
Startups
Traffic control
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Zusammenfassung:Juniper Networks last week acquired Contrail Systems, a startup that makes controllers for software-defined networks, for $176 million in cash and stock. Contrail was founded early this year by officials from Google, Cisco, Juniper and Aruba. CEO Ankur Singla served as CTO and VP of engineering at Aruba Networks. Juniper was a strategic investor in Contrail earlier this year. Contrail closed a $10 million round of funding in July, led by Khosla Ventures.
ISSN:0887-7661