Juniper bolsters security portfolio with Mykonos software acquisition
Juniper Networks (NYSE: JNPR) has added another piece to its growing security service set by acquiring Mykonos Software, a developer of intrusion deception systems, for about $80 million in cash.
By purchasing Mykonos, the vendor will be able to offer both its enterprise and service provider customers a new tool that it said can detect an attacker before an attack is in progress.
Mykonos' software can support Web application security for a number of physical, virtual and cloud environments. In December, Mykonos made its foray into the cloud services market by adding support for websites and applications hosted by Amazon Web Services (AWS).
Although Juniper had a growing portfolio of firewall and related protection systems, Nawaf Bitar, general manager of Juniper's security division, said Mykonos instantly gives it a Web-based application security platform.
"This is a huge step forward for us, in that it fills a Web-application security gap we had," he said in a Bloomberg article.
Under the terms of the agreement, Juniper will retain Mykonos 14 employees in addition to its three office locations in San Francisco, New York City and Rochester, N.Y.
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