News
Juniper Networks announces Definitive Agreement to Acquire Trapeze Networks
November 2010 by Marc Jacob
Juniper Networks and Belden Inc. announced they have entered into a definitive agreement under which Juniper will acquire Trapeze Networks, a technology leader in enterprise wireless local area network (WLAN) systems and management software, in an all cash transaction valued at approximately $152 million. The acquisition is anticipated to close in the fourth quarter of 2010, subject to the satisfaction of customary closing conditions and applicable regulatory reviews.
The acquisition will make WLAN infrastructure a key part of Juniper’s portfolio, accelerating the company’s growth in the enterprise market and advancing its vision for the new network. Trapeze Networks provides the highest levels of WLAN reliability, performance, security and management for today’s most demanding mobile applications. The company’s innovative WLAN technology is highly complementary to Juniper’s campus and branch switching, routing and security business. Customers will be able to build new networks based on Juniper’s end-to-end routing, security, wired and wireless switching infrastructure that improve users’ experience and increase their productivity regardless of location, while delivering lowest total cost of ownership.
Today’s increasingly converged networks demand that network connectivity be available anytime and anywhere for users. The explosion of mobile devices is further fueling the unprecedented need for connectivity, regardless of location or device. A recent report1 by Dell’Oro Group estimates that the enterprise WLAN technology market will grow from $2.2 billion in 2010 to $3.4 billion in 2014. As the fastest growing Ethernet switching provider in 2010 to date,2 Juniper now adds Trapeze’s WLAN products to Juniper’s routing, security and switching portfolio, and will be well positioned to deliver the most scalable, secure and highly-available wired and wireless infrastructure for the enterprise market.
Trapeze Networks currently holds 17 awarded patents – more than any other WLAN provider – with 49 more patent filings pending. Trapeze has developed an innovative architecture called Smart Mobile® WLAN solution combining the advantages of both centralized and distributed approaches to networking or “intelligent switching.” This architecture allows organizations to adopt high-performance 802.11n networks, deliver high-quality voice for hundreds of users, and scale their WLANs across the enterprise indoors and outdoors without compromising security or manageability. More than 6,000 customers have invested in mobility infrastructure based on the Trapeze Smart Mobile WLAN solution. Trapeze Networks’ products include Mobility System® Software, a full line of Mobility Exchange® controllers, Mobility Point® access points, an advanced access control product, SmartPass®, the RingMaster® wireless management suite, antennas and accessories, and location-based software and appliances.
