Juniper Plans to Buy Virtualization Security Vendor Altor Networks

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Juniper Plans to Buy Virtualization Security Vendor Altor Networks Juniper Plans to Buy Virtualization Security Vendor Altor NetworksJuniper Plans to Buy Virtualization Security Vendor Altor Networks

 

8 December 2010

Juniper Networks has acquired Altor Networks, a provider of virtualization security technology. By buying Altor, Juniper says it will be able to improve its security offerings with an integrated security architecture that protects both physical and virtual systems.
According to the agreement, Juniper acquired Altor for $95 million, net of Altor shares already owned by Juniper.
Juniper made a venture investment in Altor earlier this year, and also established a technology partnership with the company.
Overall, the acquisition of Altor is an answer to the growing concerns around cloud security as more enterprises have embraced virtualization technology. According to a recent study by Enterprise Strategy Group, enterprises continue to incorporate virtualization technology in parts of their data centers.

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