Juniper Networks announces intent to acquire AppFormix

SUNNYVALE, CA --(Marketwired - December 01, 2016) - Today, Juniper Networks (NYSE: JNPR), an industry leader in automated, scalable and secure networks, announced the company's intent to acquire AppFormix, an innovator in cloud operations management. AppFormix's platform for cloud operations is built on big-data analytics and machine learning, putting self-driving infrastructure at the core of every cloud. This acquisition will bring the power of analytics through machine learning and telemetry to Juniper's customers.

Applying machine learning technology, AppFormix is redefining telemetry and operations management across software-defined infrastructures and application software layers. AppFormix's technology is designed to provide public, private and telco cloud operators in both OpenStack and Kubernetes environments, real-time and historic monitoring, visibility, and dynamic performance optimization. When paired with Juniper's Contrail product line, AppFormix improves cloud orchestration, security, accounting and planning. We believe that Juniper customers will benefit from a smarter, automatic and agile operational experience at lower total costs.

"The networking industry is accelerating at an unprecedented rate, and new technologies like analytics and machine learning are enabling companies to have more insight into their network than ever before," said Pradeep Sindhu, founder, vice president and CTO at Juniper Networks. "We recognize our customers' needs and desires for a self-driving infrastructure; one that is optimized, secure and automated. With the acquisition of AppFormix, we're accelerating our vision to use software automation and intelligence to deliver a smarter network and more simplified operations for our customers around the world."

The AppFormix team will report to Juniper's office of the CTO. The acquisition is expected to close in the fourth quarter of 2016, subject to customary closing conditions.