Market Overview

Juniper Networks to Acquire WANDL

Juniper Networks (NYSE: JNPR), the industry leader in network innovation, today announced it has entered into a definitive agreement to acquire WANDL, Inc., a leading provider of software solutions for advanced planning, management, design and optimization of next-generation multi-layer networks. Under the terms of the agreement, Juniper Networks plans to acquire WANDL for a purchase price of approximately $60 million.

News Highlights

With this acquisition, Juniper Networks gains proven technology and deep experience in traffic engineering, multi-layer optimization and path computation, which will help its service provider customers optimize the performance and cost of their networks. WANDL offers a diverse portfolio of best-in-class solutions for advanced network analysis, simulation, optimization, capacity planning and management that provide improved network performance, reduced network costs, increased productivity and highly accurate demand forecasting. The WANDL team will continue to be headquartered in New Jersey, joining forces with Juniper Networks OpenLab, The Junos® Center for Innovation, to further accelerate new network-integrated applications for our connected society. The transaction is expected to close in January 2014, subject to customary closing conditions. Supporting Quotes

Juniper Networks "WANDL, Inc. is a long-time Technology Alliance partner that brings to Juniper a track record of innovation and extensive experience in optimizing network infrastructure. As our service provider customers continue to focus on finding ways to address the proliferation of mobile, video, cloud computing and other data-intensive services, they will benefit from WANDL's capabilities to design and manage networks more easily and cost efficiently, at any scale. We look forward to working together to grow WANDL's core business and continue offering enhanced value for our customers." -- Daniel Hua, senior vice president and general manager, Routing Business Unit, Juniper Networks

WANDL "We believe the combination of WANDL's industry-leading network software solutions and Juniper's deep expertise in enabling high-performance networks will further benefit our global customers seeking to build next-generation architectures with greater operational efficiency and lower total cost of ownership. WANDL's employees have developed extensive skills in deploying advanced network management and design solutions for large multivendor networks. This knowledge, leveraged with Juniper's world-class organization, will help to deliver to the market highly scalable and integrated solutions that accelerate network performance." -- Dave Wang, president, WANDL, Inc.

About WANDL WANDL provides advanced software solutions that allow network operators visibility in to the network layers from physical transport through logical service layers. WANDL has a proven track record and its solutions have been deployed in over 200 service providers, carriers, government organizations and enterprises around the world.

About Juniper Networks Juniper Networks (NYSE: JNPR) delivers innovation across routing, switching and security. From the network core down to consumer devices, Juniper Networks' innovations in software, silicon and systems transform the experience and economics of networking. Additional information can be found at Juniper Networks (www.juniper.net) or connect with Juniper on Twitter and Facebook.

Juniper Networks and Junos are registered trademarks of Juniper Networks, Inc. in the United States and other countries. The Juniper Networks and Junos logo are trademarks of Juniper Networks, Inc. All other trademarks, service marks, registered trademarks, or registered service marks are the property of their respective owners.

Statements in this press release concerning Juniper Networks' prospects, future products and prospective benefits to customers are forward-looking statements that involve a number of uncertainties and risks. Actual results or events could differ materially from those anticipated in those forward-looking statements as a result of certain factors, including delays in scheduled product availability, the company's failure to accurately predict emerging technological trends, and other factors listed in Juniper Networks' most recent reports on Form 10-K and 10-Q filed with the Securities and Exchange Commission. All statements made in this press release are made only as of the date of this press release. Juniper Networks undertakes no obligation to update the information in this release in the event facts or circumstances subsequently change after the date of this press release. Any future product, feature, enhancement or related specification that may be referenced in this press release are for information purposes only, are subject to change at any time without notice and are not commitments to deliver any future product, feature, enhancement or related specification. The information contained in this press release is intended to outline Juniper Networks' general product direction and should not be relied on in making a purchasing decision.

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