Juniper Networks To Acquire WANDL For Approx. $60 Mln - Quick Facts

(RTTNews) - Juniper Networks (JNPR) Monday announced agreement to acquire WANDL, Inc., a software solutions provider for advanced planning, design and optimization of next-generation multi-layer networks, for a purchase price of approximately $60 million.

WANDL's diverse portfolio for advanced network analysis, simulation, optimization, capacity planning and management, that provide improved efficiency, network performance, reduced network costs, increased productivity.

The WANDL team will be headquartered in New Jersey, joining forces with Juniper Networks OpenLab, The Junos Center for Innovation. The transaction is expected to close in January 2014, subject to customary closing conditions.

"As our service provider customers continue to focus on finding ways to address the proliferation of mobile, video, cloud computing and other data-intensive services, they will benefit from WANDL's capabilities to design and manage networks more easily and cost efficiently, at any scale, " Daniel Hua, SVP, GM , Routing Business Unit, Juniper Networks.

"The combination of WANDL's industry-leading network software solutions and Juniper's deep expertise will further benefit our global customers seeking to build next-generation architectures with greater operational efficiency and lower total cost of ownership, " said Dave Wang, president, WANDL, Inc.