Funding/M&A

Juniper Networks Acquires Virtualization Security Firm Altor Networks for $95 Million in Cash

Juniper Networks today announced it has acquired Altor Networks, a provider of virtualization security software solutions for $95 Million in cash, net of Altor shares already owned by Juniper. Altor Networks was founded in 2007 and in early 2010, Juniper Networks made an investment in the company.

<p><strong>Juniper Networks</strong> today announced it has acquired <strong>Altor Networks</strong>, a provider of virtualization security software solutions for $95 Million in cash, net of Altor shares already owned by Juniper. Altor Networks was founded in 2007 and in early 2010, Juniper Networks made an investment in the company.</p>

Juniper Networks today announced it has acquired Altor Networks, a provider of virtualization security software solutions for $95 Million in cash, net of Altor shares already owned by Juniper. Altor Networks was founded in 2007 and in early 2010, Juniper Networks made an investment in the company.

This acquisition will allow Juniper to extend its market-leading security position by delivering an integrated, highly-scalable security architecture that protects physical and virtual systems.

As organizations rely more on virtual servers for critical applications, concern around server security in the cloud has increased. Altor has developed capabilities to address this challenge, including a high-performance hypervisor-based firewall, on-board intrusion detection, complete network visibility and monitoring and comprehensive reporting for compliance. Altor’s solution enables security visibility, compliance and control over the entire virtual machine infrastructure, giving security teams’ visibility to understand the applications, services and traffic being sent between virtual machines.

Virtualization technology enables multiple virtual machines to run on a single physical host, with each virtual machine sharing the resources of that hardware across multiple environments. An increasing number of enterprises have virtualization technology deployed in some portion of their data center, with that number expected to increase, according to a recent study by Enterprise Strategy Group.

“Today, we join forces with Juniper, which shares a common vision for securing data centers and the cloud, and together we look forward to extending our leadership in the VM security market. We are excited about the opportunity to leverage Juniper’s world-class organization and market-leading products to deliver tightly integrated, feature-rich security solutions to customers, ” said Amir Ben-Efraim, CEO and co-founder of Altor Networks.

Disclosure: Johnnie Konstantas, Vice President of Marketing for Altor Networks is a regular SecurityWeek contributor.

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