Juniper's (JNPR) 'Spin In' May Have Implications for Cisco (CSCO)

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Juniper Networks (JNPR) to Acquire Rest of Contrail Networks for $176M

December 12, 2012 4:06 PM EST

On December 7, 2012, Juniper Networks, Inc. (NYSE: JNPR) entered into an acquisition agreement to acquire Contrail Networks Inc. ("Contrail") in a cash and stock transaction for approximately $176 million.

Upon consummation of the acquisition of Contrail, the Company will pay cash in the amount of... More