Benzinga | Sep 28, 2020 09:01AM EDT

Juniper Networks Announces Intent To Acquire Netrounds; Terms Not Disclosed

SUNNYVALE, Calif., Sept. 28, 2020 (GLOBE NEWSWIRE) -- Juniper Networks (NYSE:JNPR), a leader in secure, AI-driven networks, today announced that the company has entered into a definitive agreement to acquire Netrounds, a programmable, software-based active test and service assurance platform suitable for fixed and mobile networks for the entire service lifecycle. Netrounds will enhance Juniper's automated WAN solutions to further simplify operations for service providers and ensure positive end-user experiences. The proposed acquisition is expected to close in the fourth quarter, subject to customary closing conditions.



Founded in 2007, Netrounds actively confirms that network services work as configured and continue to work during their entire lifecycle. Netrounds, which is vendor-agnostic, bridges the missing link between services and networks, providing assurance of the quality of service experience from a customer perspective, with insight to where problems originated when things go wrong. Whether it's testing a 5G network slice before deployment or analyzing the impacts of a new cloud service being configured on edge infrastructure or troubleshooting and resolving performance degradation issues on an SD-WAN, Netrounds uniquely enables active testing and monitoring that's orchestrated directly into software-defined virtual services.

"End-user expectations for a consistently high quality of experience for services delivered over IP networksin the cloud era are extremely high, and the onset of 5G will only accelerate this.Service providersareincreasingly lookingto differentiate themselves bylooking beyond offering basic connectivity andfocusing onthe quality assurance of their services," said Manoj Leelanivas, chief product officer, Juniper Networks. "Today's announcement and plan to bring Netrounds into Juniper will fully automate the complexities of testing and actively monitoring those customer service experiences at scale, a crucial step to staying competitive in today's dynamic market."

"Today, end users are often the first to discover service quality problems,as traditional assurance solutions primarily focus on passive device health instead of service quality," said Mats Nordlund, CEO andCo-Founder ofNetrounds. "Combined with Juniper Networks' sophisticated network automation solutions, service and cloud providers arenowable to rapidly deliver software-defined network services with guaranteed end-to-end service quality. For our customers, this is a key success factor when rolling out solutions in dynamic environments built on 5G network slicing, Kubernetes, SD-WAN and hybrid-cloud. We are thrilled to be joining Juniper to provide higher levels of automated assurancetocomplex networks."