BEIJING, November 19, 2010, Juniper Networks and Belden International have recently announced a final deal. Under the agreement, Juniper will acquire Belden's trapeze Networks at a cash price of about $152 million. The acquisition is expected to be completed in the fourth quarter of 2010, with detailed conditions pending review by the relevant management department. Trapeze Networks is a leading enterprise in the field of Enterprise Wireless LAN (WLAN) systems and management software technology.
Once the acquisition is complete, the Wireless LAN infrastructure will become an important part of the Juniper product family, driving Juniper's rapid growth in the enterprise market and fostering its future network vision. Trapeze networks's wireless LAN technology delivers the highest levels of reliability, performance, security, and manageability for today's most sophisticated mobile applications. Its innovative, unlimited LAN technology complements Juniper's campus and branch exchange, routing, and security services. Customers will be able to build future networks based on Juniper's end-to-end routing, secure, wired, and wireless switching infrastructure. With Juniper's future network, users can no longer be constrained by location, with the lowest cost for higher productivity and user experience.
With the continuous development of network convergence trend, users want to be able to access the network anytime, anywhere. The explosive growth of mobile devices has led to an unprecedented increase in users ' demand for network connectivity that is not subject to geographical and device limitations. A recent report released by Dell ' Oro Group 1 predicts that the market size of Enterprise Wireless LAN technology will grow rapidly from $2.2 billion in 2010 to $3.4 billion in 2014. As the fastest-growing Ethernet switch vendor in 2010, Juniper integrates trapeze networks's wireless LAN products into its routing, security, and switching portfolio, which is bound to help provide the most scalable, secure, and highly available wired and wireless infrastructure for the enterprise market.
Gevillen, executive vice president and general manager of architecture and switching technologies, Juniper Networks, said: "By acquiring trapeze Networks, we will incorporate its proven, innovative wireless LAN technology into our advanced routing, security and switch products This will help our customers to provide their users with a high-quality, seamless security experience that is not limited by location and access methods. Juniper's experience in technology innovation and the perfect combination of the trapeze team will enable Juniper to deliver end-to-end high-performance networks to the world's most demanding networks. "
Trapeze networks currently has 17 award-winning patents (which are the most patented in the Wireless LAN area), while another 49 patents are pending. Trapeze Networks has developed an innovative architecture called Wireless LAN Solutions for smartphones, which combines the advantages of a centralized and distributed approach for networking or "smart switching." This structure enables enterprises to adopt high-performance 802.11n networks, providing high-quality voice services to hundreds of thousands of users. And without compromising security and manageability, you can extend wireless LANs across your enterprise and beyond. More than 6,000 companies have purchased a mobile infrastructure based on trapeze smart phone wireless LAN solutions. Trapeze networks's products include mobile system software, a full range of mobile switching controllers, mobile point access points (Advanced access control Products), SmartPass, ringmaster wireless management kits, antennas and accessories, and positioning software and equipment.
John Stroup, president and CEO of Belden International, said: "As a leader in high-performance networks, we believe that Juniper is able to develop the value of trapeze networks's potential in the enterprise market well." After Juniper acquired trapeze networks, we will continue to focus on the long-term development of wireless technology in our core markets, including the emerging industrial network market. "
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Original: Juniper announces acquisition of Trapeze Networks back to network channel home
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Juniper announces acquisition of Trapeze Networks