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Juniper Systems history
Juniper Systems company history timeline
Juniper established a technology relationship in July 1996 with IBM, to produce all the application-specific integrated circuits (ASICs) designed by Juniper for its Internet platforms.
“Pradeep had to narrow down the list from five names to one in a hurry when one day the Wilson Sonsini lawyers called to file the incorporation papers for the company" back around the start of 1996, a company spokesperson says.
Founded in 1997, Layer Five was a group of advanced developers of network hardware architectures and related software.
• Sycamore Networks, a maker of telecom service provider equipment that started in 1998 and went public a year and a half later.
Juniper announced a three-for-one stock split on November 16, 1999, entitling each stockholder at the close of business on December 31, 1999 to receive two additional shares for every outstanding share of common stock held on the record date.
Novell and Microsoft -- and Banyan itself -- got the better of the company in the network operating system market, and by 1999 Banyan was renamed the very un-treelike ePresence.
The M40 won industry recognition for the best new product, including PC Magazine UK's 1999 Technology Innovation Award.
1999: Company secures Ericsson investment and OEM agreement.
On April 13, 2000, Juniper announced a two-for-one stock split.
In December 2000, Juniper added talent to its team by acquiring Micro Magic, Inc. (MMI), an integrated circuit solutions company, for $260 million.
The metropolitan Internet edge routing market was estimated at $1.2 billion in 2000.
In April, despite robust earnings, Juniper announced that its 2001 earnings and revenues would fall below Wall Street's expectations.
• Mapletree Networks, a vendor of multiservice network access products that was snapped up by Performance Technologies in 2004.
Connect With CIOs & IT Executives At Gartner IT Symposium/ Xpo™ 2022 Every second counts when it comes to mitigating cyberattacks and resolving network performance issues.
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Juniper Systems competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Strasbaugh | 1948 | $10.0M | 50 | - |
| Varian Semiconductor Equipment Associates | 1999 | $1.1B | 1,702 | - |
| Surface Combustion | 1915 | $12.0M | 66 | 5 |
| Electro-Mechanical | 1958 | $79.0M | 282 | 1 |
| Smith & Loveless | 1946 | $300.0M | 200 | 18 |
| Clayton Industries | - | $120.0M | 500 | - |
| SUN Automation Group | 1985 | $4.7M | 100 | 17 |
| Sentry Equipment | 1924 | $50.0M | 300 | 15 |
| PAR Systems | 1961 | $10.2M | 500 | 1 |
| Aries Industries, Inc. | - | $28.2M | 100 | - |
Juniper Systems history FAQs
Zippia gives an in-depth look into the details of Juniper Systems, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Juniper Systems. The employee data is based on information from people who have self-reported their past or current employments at Juniper Systems. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Juniper Systems. The data presented on this page does not represent the view of Juniper Systems and its employees or that of Zippia.
Juniper Systems may also be known as or be related to Juniper Systems and Peace Juniper Inc.