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Juniper buys Belden's WLAN assets for $152mn

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CIOL Bureau
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SUNNYVALE, USA: Network company Juniper Networks announced that it would buy Belden Inc.'s Trapeze Networks, which provides enterprise wireless local area network (WLAN) systems and management software for approximately $152 million.

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The acquisition is anticipated to close in the fourth quarter of 2010.

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With this Juniper adds Trapeze's WLAN products to Juniper's routing, security and switching portfolio.

"With the acquisition of Trapeze Networks, we extend our industry leading routing, security and switching portfolio with proven and innovative WLAN technology that will enable our customers to provide a seamless, high-quality, secure experience to their users regardless of where and how they access their network," said David Yen, executive vice president and general manager, Fabric and Switching Technologies, Juniper Networks.

"As the leader in high-performance networking, Juniper represents the ideal provider for us to unlock the value of Trapeze Networks in the global enterprise market," said John Stroup, president and CEO of Belden Inc. 

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