Juniper buys web security company for $80 million

Juniper said this week it has acquired Mykonos Software, a provider of website and web application security software, for $80 million.

The purchase enables Juniper to offer software that detects an attacker before an attack is in progress. Juniper already offers products designed to protect against known attacks, but Mykonos develops deception-based software to protect against zero-day attacks and advanced persistent threats.

BUYER'S MARKET: Tech M&A deals of 2011

Mykonos' software is designed to actively prevent attackers and stop zero-day web attacks by catching an attack in progress, profiling the attack, learning the attacker's behavior, and then using that behavior to thwart future attacks.

Citing data from a Verizon report, Juniper says web applications are among the largest unprotected attack surfaces and the frequency of attack is increasing.

The Mykonos acquisition closed Feb. 13. Mykonos has been added to Juniper's Security Business Unit, and its 14 employees will continue to work out of offices in San Francisco and Rochester, N.Y. Mykonos Chairman and CEO David Koretz will report to Nawaf Bitar, senior vice president and general manager of Juniper's Security Business Unit.

Read more about wide area network in Network World's Wide Area Network section.

More about: Juniper, Juniper Networks, LAN, Verizon, Verizon
References show all

Comments

Post new comment

The content of this field is kept private and will not be shown publicly.
Users posting comments agree to the TechWorld comments policy.
Login or register to link comments to your user profile, or you may also post a comment without being logged in.
Related Coverage
Related Whitepapers
Latest Stories
Community Comments
Tags: acquisitions, advanced persistent threats, business issues, corporate issues, juniper, LAN & WAN, mergers, mergers and acquisitions, router, security, security software acquisitions, software, Web application security, zero-day attacks
Whitepapers
All whitepapers

Twitter Feed