Fergie's Tech Blog

Juniper Buys Peribit, Redline For Traffic-Processing Smarts

Paul Kapustka writes in Advanced IP Pipeline that Cisco Systems isn't the only networking vendor who has been doing some shopping lately -- so has Juniper Networks:

"Juniper Networks on Tuesday announced plans to acquire Peribit Networks and Redline Networks, two startups in the emerging field of application acceleration technologies. The two purchases, which total about a half-billion dollars, give Juniper more weapons to compete against router kingpin Cisco Systems for enterprise IT customers. Wide-area optimization technology like Peribit's and application-acceleration hardware like Redline's are being used to speed performance of enterprise applications, especially when they are being accessed via remote connections. Overall, the application acceleration market was worth $1 billion in 2004, according to analysts at Gartner."

Nothing like a little competition to stir things up.

posted by Fergie @ 4/26/2005 03:04:00 PM