Juniper Networks acquires Boston-area AI SD-WAN startup 128 Technology for $450M

Juniper Networks acquires Boston-area AI SD-WAN startup 128 Technology for $450M

3 years ago
Anonymous $RGO3jP_V_c

https://techcrunch.com/2020/10/19/juniper-networks-acquires-boston-area-ai-sd-wan-startup-128-technology-for-450m/

Today Juniper Networks announced it was acquiring smart wide area networking startup 128 Technology for $450 million.

This marks the second AI-fueled networking company Juniper has acquired in the last year and a half after purchasing Mist Systems in March 2019 for $405 million. With 128 Technology, the company gets more AI SD-WAN technology. SD-WAN is short for software-defined wide area networks, which means networks that cover a wide geographical area such as satellite offices, rather than a network in a defined space.