Juniper Networks Takes In Trapeze Networks
Inherent to the definitive agreement between Juniper Networks and Belden, the company announced the acquisition of Trapeze Networks by Juniper for $152 million, all cash. Trapeze is a technology leader in enterprise wireless local area network (WLAN) systems and management software. The deal is expected to close last quarter of the year.
The acquisition will advance the company’s standing in the enterprise market, as well as their vision for the newly-acquired network. Trapeze technology offers the highest levels of WLAN reliability, performance, security and management, and is a perfect match for Juniper’s campus and branch switching, routing and security business. It will enable customers to build new networks based Juniper’s end-to-end routing, security, wired and wireless switching infrastructure that improves users’ experience and productivity while cutting ownership costs.
According to a Dell’Oro Group estimate, the WLAN technology market will grow from $2.2 billion this year to $3.4 billion in 2014. Juniper added Trapeze WLAN Products to its portfolio in addition to its routing, security and switching services, positioning itself well in this booming market.
“With the acquisition of Trapeze Networks, we extend our industry leading routing, security and switching portfolio with proven and innovative WLAN technology that will enable our customers to provide a seamless, high-quality, secure experience to their users regardless of where and how they access their network,” said David Yen, executive vice president and general manager, Fabric and Switching Technologies at Juniper Networks. “Juniper’s strong history of technology execution combined with Trapeze’s accomplished team ideally positions the company to deliver end-to-end high-performance networking for the world’s most demanding networks.”
Trapeze Networks is unparalleled when it comes to patents, holding 17 titles. There are 49 more pending for approval. Trapeze is also behind Smart Mobile WLAN solution fusing together both centralized and distributed approaches to networking. It enables the adoption high-performance 802.11n networks to deliver high-quality voice for hundreds of users, and scale WLANs across enterprise indoors and outdoors without affecting security and manageability. Its products include Mobility System® Software, a full line of Mobility Exchange controllers, Mobility Point access points, SmartPass, the RingMaster wireless to name some.
“As the leader in high-performance networking, Juniper represents the ideal provider for us to unlock the value of Trapeze Networks in the global enterprise market,” said John Stroup, president and CEO of Belden Inc. “This agreement enables our organization to remain focused on the long-term growth opportunities for wireless technology in our core markets, including the nascent industrial networking market.”
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