Five Companies That Came To Win This Week

Juniper Snaps Up SDN Startup Contrail Systems

Juniper, in the midst of a major corporate restructuring, found time to acquire Contrail Systems, a Santa Clara, Calif.-based software-defined networking startup, in a $176 million cash and stock deal. Contrail's executive team includes CEO Ankur Singla, former CTO and engineering vice president at Aruba Networks, and CTO Kireeti Kompella, former CTO and chief architect for Junos at Juniper. The startup was reportedly about to exit stealth mode and scored $10 million in a July Series A round led by Khosla Ventures.


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