Based in San Francisco, Mykonos has developed technology for tracking Web intrusions in real time, giving an operator or an enterprise an earlier chance to thwart the attack. In December, it added a cloud play by supporting websites and applications hosted on Amazon Web Services Inc. .
Why this matters
The security market is getting increasingly competitive, especially with F5 Networks Inc. (Nasdaq: FFIV) trying to break in. (Ha! See what we did there?) There's a concern "that underinvestment in security makes [Juniper] less competitive," analyst Simon Leopold of Morgan Keegan & Company Inc. wrote in an analysis of Juniper's fourth-quarter earnings before the acquisition was announced.
The timing of the announcement is interesting, in that the RSA Security Conference is next week. Think of it as the Mobile World Congress of security. Juniper will have a nice icebreaker there.
More on why investors might be worried about Juniper:
- Has Juniper Missed the Backhaul Boat?
- Juniper Points to the Economy
- Is There More to Juniper's Earnings Miss?
— Craig Matsumoto, Managing Editor, Light Reading