Juniper to purchase Trapeze Networks for $152m

Acquisition is expected to be complete by year-end

Tags: BeldenJuniper Networks IncorporatedMergers and acquisitionsTrapeze NetworksWireless technology
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Juniper to purchase Trapeze Networks for $152m Juniper Networks has entered into a definitive agreement with Belden Inc to purchase Trapeze Networks.
By  Georgina Enzer Published  November 21, 2010

Juniper Networks and Belden Inc have entered into a definitive agreement under which Juniper will acquire Trapeze Networks for approximately $152 million. The completion of the acquisition is scheduled for the fourth quarter of 2010.

The purchase of Trapeze networks, a WLAN systems and management software manufacturer, will expand Juniper's portfolio and make WLAN infrastructure one of their key business areas.

"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. 

According to Juniper, the WLAN technology is complimentary to its campus and branch switching, routing and security business.

"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," added Yen.

Juniper will now be able to build customers new networks based on its end-to-end routing, security, wired and wireless switching infrastructure.

"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 organisation to remain focused on the long-term growth opportunities for wireless technology in our core markets, including the nascent industrial networking market."

Trapeze Networks' products include antennas and accessories, location-based software and appliances as well as Mobility System Software, a full line of Mobility Exchange controllers, Mobility Point access points, an advanced access control product, SmartPass, and the RingMaster wireless management suite.

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