re: Juniper to Buy UnisphereSiemens formed Unisphere in 1999 from internal networking divisions and a few startups (buying Castle for 300M and Argon for 240M if I recall correctly).
Now they're selling the whole thing to Juniper for 200M or so more. Amazing!
This price seems low to me, but I guess these days it is not. As if I needed another reminder that we're all operating far from the bubble times of a few years ago....
By the way, does this remind anyone else of BMW buying Land Rover only to sell it to Ford a short time later? Whacky!
re: Juniper to Buy UnisphereLet's be honest, Juniper bought Redstone today. The Argonne product was DOA and the Castle stuff was nearly as bad. Obviously Juniper required Seimens to cut off the Castle boat anchor before they acquired Redstone. Congrats to the Redstone team!
re: Juniper to Buy UnisphereShips colliding in a storm. Albeit, one is a tanker versus the other two that are running low on fuel and wind. This is a risky but necessary move for Juniper to increase falling revenue.
Pushing the Juniper/Redstone products through the Siemens sales channel will help, and perhaps even breath some life into the Argon line. The Argon succes is a gamble for Juniper. Siemens is no rooky, and rarely leaves grapes on the vine.
Siemens still likes the Castle platform. They just pulled that one back a few weeks ago prior to this announcement.
The biggest winners here are the Redstone crew. Keep selling that puppy. Hopefully it will continue to mature.
re: Juniper to Buy UnisphereJuniper had to do something. They had no edge strategy - the best they could do was create a few PICs for the M160 and re-launch it as the M40e.
Kind of left them in a tricky marketing pickle - for a time their edge box and core box were one and the same (until they finally released Gibson).
re: Juniper to Buy UnisphereI think I remember one west coast player and one east coast player doing something like this back in 1995 and the result was something like Synfleet or something. What a train wreck. Will this be any different?
Now they're selling the whole thing to Juniper for 200M or so more. Amazing!
This price seems low to me, but I guess these days it is not. As if I needed another reminder that we're all operating far from the bubble times of a few years ago....
By the way, does this remind anyone else of BMW buying Land Rover only to sell it to Ford a short time later? Whacky!
-th
-th
LGGS
Pushing the Juniper/Redstone products through the Siemens sales channel will help, and perhaps even breath some life into the Argon line. The Argon succes is a gamble for Juniper. Siemens is no rooky, and rarely leaves grapes on the vine.
Siemens still likes the Castle platform. They just pulled that one back a few weeks ago prior to this announcement.
The biggest winners here are the Redstone crew. Keep selling that puppy. Hopefully it will continue to mature.
Kind of left them in a tricky marketing pickle - for a time their edge box and core box were one and the same (until they finally released Gibson).
LGGS