Juniper Sees Decline In 2Q Revenue, Earnings; Unveils Riverbed Tech Partnership

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Juniper is building on its February acquisition of Web application security developer Mykonos to build security across the enterprise, Muglia said. The company has already started deploying its Security Design scalable security management application to a large service provider, he said.

Juniper's new partnership with Riverbed is aimed at increasing the performance, security, and scalability of networking solutions.

Under the agreement, Juniper will license Riverbed's application delivery controller (ADC) technology for about $75 million, giving it the ability to provide more manageable and scalable application operations across data centers and WANs, Muglia said.

Riverbed and Juniper also plan to integrate Riverbed's Steelhead Mobile technology into the Juniper Networks Junos Pulse client to provide accelerated solutions for tablet PCs and mobile phones.

Looking forward, Juniper said it expects third quarter 2012 revenue to be in the range of $1.040 billion and $1.075 billion, down from the $1.106 billion it reported in the third quarter of 2011.

Non-GAAP income in the third quarter is expected to be between 15 cents per share and 18 cents per share, down significantly from the 28 cents per share it reported last year.


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