Juniper Networks completed its acquisition of NetScreen Technologies.
Juniper Networks also announced that Frank J. Marshall has been appointed to its board of directors, replacing Vinod Khosla, who has been a significant contributor to the board of directors since 1996. http://www.juniper.net
- On 09-Feb-2004, Juniper Networks first announced plans to acquire to NetScreen Technologies in a stock for stock merger valued at approximately $4 billion based on closing stock prices for 06-Feb-2004. NetScreen is a provider of network security and access solutions for enterprises and carriers. Its high-performance platforms provide multiple layers of network and application-level protection. The deal requires approval by the stockholders of both companies and by regulatory authorities. Both companies are based in Sunnyvale, California.