Juniper will pay $95m in cash for Altor Networks, net of the shares it already owns in the provider of security services to online and physical computer systems.
New York-listed equipment provider Juniper Networks has agreed to buy Altor Networks less than a year after making a corporate venturing investment in the company.
Juniper said it would pay $95m in cash for Altor, net of the shares it already owned in the provider of security services to online and physical computer systems.
Altor was founded in 2007 and Juniper invested in March this year in the portfolio company’s $10m series B round through its $50m Junos Innovation…
