Juniper Networks Announces Definitive Agreement to Acquire Ankeena Networks; Expands Junos Ready Software Portfolio

Media Infrastructure Company Brings Leading Content Delivery and Media Solutions to Advance Juniper's Vision for the "New Network"

Juniper Networks® recently announced it has entered into a definitive agreement to acquire Ankeena Networks, a privately-held provider of new media infrastructure technology. Ankeena's solution delivers online media content at massive scale, while providing a television-like viewing experience for media with dramatically reduced delivery costs. In alignment with Juniper's vision for the "New Network," Juniper will integrate Ankeena's technology into its solutions portfolio to address the rising demand for rich media content while significantly improving the economics of content delivery for service providers. The financial impact of this transaction is expected to be immaterial with consideration at closing of less than $100 million. Additional terms of the transaction were not disclosed.

As an addition to the Junos® Ready Software business group, Juniper will leverage the Ankeena software to offer high-performance content delivery networking and "3 Screen" media delivery solutions for the next-generation service provider network, capitalizing on the explosive growth of video traffic on both mobile and fixed networks worldwide.

Ankeena's Media Flow Director ensures that users receive a smooth-viewing experience regardless of the viewing device and varying network conditions. Ankeena's comprehensive support for different adaptive streaming technologies allows viewers to enjoy watching videos without any buffering or stuttering by dynamically detecting the available bandwidth and varying the delivery bit-rate. While providing a high-quality video output, Ankeena's Media Optimized multi-tier caching technology also provides up to a 10-to-1 reduction in the number of servers needed to deliver the same amount of media, with a similar reduction in transit network and media delivery costs.

For the full release, please visit here.

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Juniper Networks Announces Definitive Agreement to Acquire Ankeena Networks; Expands Junos Ready Software Portfolio

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