6.7.05

Juniper Networks / Peribit Networks

Juniper Networks, Inc. today announced it has completed the acquisition of Peribit Networks, Inc., a leader in Wide Area Network (WAN) optimization technology. Juniper Networks announced a definitive agreement to acquire Peribit Networks on April 26, 2005.

Headquartered in Santa Clara and founded in early 2000, Peribit Networks develops WAN optimization appliances. Peribit Networks' platforms and software provide customers with increased WAN capacity, faster application performance, prioritized application delivery and system-wide visibility of network and application performance. Peribit Networks' solutions enable applications to run dramatically better over the WAN. Its products have been installed in over 900 enterprise customers worldwide.

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