Tuesday, July 22, 2014

Juniper to Sell Pulse Division to Siris for $250M

Juniper Networks will sell its Junos Pulse product portfolio to Siris Capital for approximately $250 million.

Junos Pulse software enables dynamic SSL VPN connectivity, network access control (NAC), mobile security, and collaboration, through a simple end-user interface.

Juniper said the divestiture of Pulse is consistent with its new Integrated Operating Plan that focuses on High-IQ networks and building the next-generation of clouds.

Siris is a leading private equity firm focused on making control investments in data, telecommunications, technology and technology-enabled business service companies.