Juniper Networks Plans to Acquire Brilliant Telecommunications

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Juniper Networks Plans to Acquire Brilliant Telecommunications Juniper Networks Plans to Acquire Brilliant TelecommunicationsJuniper Networks Plans to Acquire Brilliant Telecommunications

 

23 February 2011

Juniper Networks has outbid Symmetricom in acquisition of Brilliant Telecommunications with $4.5 million offering to the company.
Juniper follows Symmetricom's bid in $3.5 million for Brilliant that included additional $2.3 million if definite milestones would be achieved in next six months of closing.
Firstly, Brilliant was positive to Symmetricom's offer because there would be solutions and products overlaps between two companies. Symmetricom, not like Juniper, is mainly focused on delivering network synchronization.

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