boston-area ai sd-wan startup 128
Juniper Networks acquires Boston-area AI SD-WAN startup 128 Technology for $450M – TechCrunch
Today Juniper Networks announced it was acquiring smart wide area networking startup 128 Technology for $450 million. This marks the second AI-fueled networking company Juniper has acquired in the last year and a half after purchasing Mist Systems in March 2019 for $405 million. With 128 Technology, the company gets more AI SD-WAN technology. SD-WAN is short for software-defined wide area networks, which means networks that cover a wide geographical area such as satellite offices, rather than a network in a defined space. Today, instead of having simply software-defined networking, the newer systems use artificial intelligence to help automate session and policy details as needed, rather than dealing with static policies, which might not fit every situation perfectly.
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