Juniper Networks Announces Intent to Acquire HTBASE
November 29 2018 - 8:45AM
Juniper Networks (NYSE: JNPR), an industry leader in automated,
scalable and secure networks, today announced the company’s intent
to acquire HTBASE, which has developed a highly unique and
disruptive platform for software-defined enterprise multicloud.
HTBASE offers a single layer of compute, networking and storage
across public and private clouds as well as the edge, greatly
simplifying how multicloud environments are managed and easing
application migration across multiple clouds. This acquisition will
bring multicloud storage to Juniper’s strong network and compute
orchestration capabilities of its Contrail Enterprise Multicloud.
HTBASE’s unique value is its platform’s ability to make the
complete infrastructure layer (compute, storage and networking)
transparent to applications, without impacting the operating system
or architecture. This allows for very easy migration of enterprise
workloads and leverage of multicloud without porting or lock-in on
a single infrastructure stack. We believe that Juniper customers
will benefit from HTBASE’s extensible platform and their composable
system which enables software elements to be reused and extended to
make the whole of Contrail more powerful for whatever the
multicloud brings.
“Companies are moving more workloads from on-premises to the
cloud to keep up with the need for agility and more flexibility.
It’s up to us to make this transition not only achievable, but more
importantly, to focus on making the move to the multicloud simple,”
said Rami Rahim, CEO of Juniper Networks. “Juniper is betting big
on multicloud and the momentum is mounting every day. Together with
HTBASE, we have an opportunity to shape a new and emerging market
that will deliver significant value with a unique line of products
to customers worldwide.”
The acquisition is expected to close in the fourth quarter of
2018, subject to customary closing conditions.
Additional Resources:
- Blog: Juniper Networks Announces Intent to Acquire HTBASE
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About Juniper NetworksJuniper Networks
simplifies the complexities of networking with products, solutions
and services in the cloud era to transform the way we
connect, work and live. We remove the traditional constraints of
networking to enable our customers and partners to deliver
automated, scalable and secure networks that connect the
world. Additional information can be found at Juniper
Networks (www.juniper.net) or connect with Juniper
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Juniper Networks, the Juniper Networks logo and Junos are
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names may be trademarks of their respective owners.
Media Relations:
Juniper NetworksLeslie Moore(408) 936-5767
llmoore@juniper.net
Forward-Looking Statements
Statements in this press release concerning Juniper Networks'
business, strategy and focus; the results and improvements made
possible by HTBASE’s technology, including as combined with Juniper
Networks solutions; the impact of the acquisition on our ability to
use software automation and intelligence to deliver a smarter
network and more simplified operations to our customers; and our
overall future prospects are forward-looking statements that
involve a number of uncertainties and risks. Actual results or
events could differ materially from those anticipated in those
forward-looking statements as a result of several factors,
including our ability to close the contemplated acquisition and
integrate the acquired company and its technology and other factors
listed in our most recent report on Form 10-K and subsequent
quarterly reports on Form 10-Q filed with the Securities and
Exchange Commission. All statements made in this press release are
made only as of the date of this press release. Juniper Networks
undertakes no obligation to update the information in this press
release in the event facts or circumstances subsequently change
after the date of this press release.
Statement of Product Direction
In this press release, we may disclose information related to
our development and plans for future products, features or
enhancements (“SOPD”). SOPD information is subject to change at any
time, without notice. Except as may be set forth in definitive
agreements, we are not providing any assurances, or assuming any
responsibility, that future products, features or enhancements will
be introduced. Except as may be set forth in definitive agreements,
customers should not base purchasing decisions upon reliance of
timeframes or specifics outlined in an SOPD, because we may delay
or never introduce the future products, features or
enhancements.
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