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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Bibliographic Details
Published in:Network World 2012-12, Vol.29 (22), p.9
Main Author: Duffy, Jim
Format: Article
Language:English
Subjects:
Acquisitions & mergers
Service introduction
Software industry
Startups
Traffic control
Online Access:Get full text
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Summary: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