Juniper Networks buys Mist Systems for $405 million


Juniper Networks said on Monday that it plans to acquire Mist Systems, makers of a wireless LAN network powered by artificial intelligence, for $405 million. Juniper plans to use the purchase to bolster its software-defined enterprise portfolio and multicloud offerings and expand its presence in the cloud-managed segment of the wireless networking market. The cleanup will take decades in places humans can't go. More specifically, Juniper will combine Mist's wireless LAN platform with Juniper's wired LAN, SD-WAN and security services. Juniper also plans to extend Mist's AI capabilities across the Juniper networking portfolio for software-defined architectures.