Juniper Buys Virtualization Security Vendor Altor Networks
Juniper Networks has purchased Altor Networks, a provider of virtualization security technology, for a cash purchase price of approximately $95 million.
The new deal expands Juniper’s existing technology partnership with Altor as well as its leadership in security for both the enterprise and service provider virtualization markets, Juniper said.
“Juniper is excited to acquire one of the industry’s leading virtualization security vendors and the extremely talented team that built it,” said Mark Bauhaus, executive vice president and general manager, Service Layer Technologies at Juniper Networks. “This acquisition will extend our leadership in data center and cloud security and will enable customers to deploy a consistent set of security services across their physical and virtual infrastructure, while delivering lowest total cost of ownership.”
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