Juniper Networks sells Junos Pulse to Siris Capital for $250 million

Juniper Networks announced that it sold its Junos Pulse product 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. It simplifies and optimizes connectivity to end users at the same time it check their device type and security state, location, identity, and adherence to corporate access control policies.

Juniper claims “Pulse is a good asset. The issue is that it’s not in line with our strategy, which is very much focused on cloud and High-IQ networks and how those markets are shaping,” Juniper CEO Shaygan Kheradipir said in a conference call with analysts Tuesday.

The move better aligns the vendor with where it sees opportunities in security products around those markets, Kheradipir said. Juniper seems finically showing decent performance. So it will be interesting to see how the company shapes its future catalog.

Sources: zdnet HERE, HERE, HERE

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