Welcome!

Containers Expo Blog Authors: Liz McMillan, Zakia Bouachraoui, Roger Strukhoff, TJ Randall, Pat Romanski

News Feed Item

Juniper Networks Announces Acquisition of Mykonos Software

Extends Security Portfolio With the Only Intrusion Deception System That Neutralizes Threats as They Occur

SUNNYVALE, CA -- (Marketwire) -- 02/22/12 -- Juniper Networks (NYSE: JNPR), the industry leader in network innovation, today announced it has acquired Mykonos Software, the leading provider of Intrusion Deception Systems that protect websites and web applications. This acquisition allows Juniper to extend its security portfolio with the only intrusion deception system in the industry capable of detecting an attacker before an attack is in progress. Under the terms of the agreement, Juniper acquired Mykonos Software for a cash purchase price of approximately $80 million.

News Highlights

  • Web applications are among the largest unprotected attack surfaces and the frequency of attack is increasing.(1) Companies need a proactive approach to web application security beyond traditional defenses. The combination of Juniper's strong protection for known attacks with Mykonos Software's deception-based technology to protect against zero-day attacks and advanced persistent threats delivers clear advantages for customers looking to reduce security risk and lower total cost of ownership.
  • Mykonos' groundbreaking deception-based technology can actively prevent attackers and stop even the most sophisticated zero-day web attacks. It is the only company that can catch an attack in progress, profile the attack, learn the attacker's behavior, and then use that behavior to thwart future attacks.
  • Mykonos Software's technology will become a key component of Juniper's long-term vision to deliver an always protected environment across devices, applications, the network and the cloud.
  • Together with Mykonos, Juniper is transforming the security industry and changing the ROI of hacking by making it costly, time consuming and tedious for attackers to chase after false data. With Mykonos Software's real-time protection, monitoring and forensic capabilities that can neutralize threats as they occur, companies can prevent loss of data and save potentially millions of dollars from prevention of fraud or lost revenue.
  • Unlike current solutions such as web security appliances and Web Application Firewalls (WAFs), Mykonos provides device level tracking beyond IP address tracking that allows for attackers to be uniquely identified, monitored and blocked.
  • With the acquisition of Mykonos Software, Juniper Networks extends its security footprint to bring next-generation, deception-based web application security to physical, virtual and cloud environments. Customers will benefit from a proactive security approach that empowers customers to stop hackers in real-time, backed by Juniper's scale and overall security portfolio, and strong services and support capabilities.
  • The transaction closed on February 13, 2012.

Supporting Quotes

Infonetics Research
"Acquiring Mykonos Software is a smart move for Juniper. Mykonos' intrusion deception technology is an innovative defense against zero-day web attacks, automated hacker tools, malicious web content, and similar threats aimed at companies' websites and web applications. There are opportunities for Juniper to sell standalone and integrated versions of the Mykonos solution."
- Jeff Wilson, principal analyst, Infonetics Research

Juniper Networks
"With this acquisition, Juniper is driving security innovation with disruptive technology that breaks from conventional ideas. Juniper's strong history of technology execution combined with Mykonos' accomplished team ideally positions us to deliver an end-to-end security portfolio that provides an always protected environment across devices, applications, the network and the cloud."
- Nawaf Bitar, senior vice president and general manager, Security Business Unit at Juniper Networks

Mykonos Software
"We believe the combination of Mykonos' groundbreaking technology and Juniper's proven expertise in delivering innovative security products at the largest scale, will enable us to provide solutions to immediate and pressing security threats for the largest enterprises and public sector institutions. We are excited about the opportunity to leverage Juniper's world-class organization to deliver the next generation of application security based on best of breed proactive and preventative technology."
- David Koretz, chairman and chief executive officer, Mykonos Software

Additional Resources:

1. Source: Verizon Business 2011 Data Breach Investigations Report

About Mykonos Software
Mykonos Software is the smartest way to secure websites and web applications against hackers, fraud and theft. Its Web Intrusion Prevention System uses deception to detect, track, profile and prevent hackers in real-time. Unlike signature-based approaches, Mykonos Software is the first technology that inserts detection points to proactively identify attackers before they do damage -- with virtually no false positives. Mykonos goes beyond the IP address to track the individual attacker, profile their behavior and deploy counter measures. With the Mykonos Web Security, administrators are liberated from writing rules, analyzing massive log files or monitoring another console.

For more information on Mykonos Software, please visit www.MykonosSoftware.com or follow us on Twitter @MykonosSoftware. For sales information call toll-free 1-877-88-WINGS, or email [email protected].

About Juniper Networks
Juniper Networks is in the business of network innovation. From devices to data centers, from consumers to cloud providers, Juniper Networks delivers the software, silicon and systems that transform the experience and economics of networking. Additional information can be found at Juniper Networks (www.juniper.net).

Juniper Networks and Junos are registered trademarks of Juniper Networks, Inc. in the United States and other countries. The Juniper Networks and Junos logos are trademarks of Juniper Networks, Inc. All other trademarks, service marks, registered trademarks, or registered service marks are the property of their respective owners.

Add to Digg Bookmark with del.icio.us Add to Newsvine

Juniper Media Relations:
Cindy Ta
(408) 936-6131
[email protected]

Juniper Investor Relations:
Kathleen Nemeth
(408) 936-5369
[email protected]

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

IoT & Smart Cities Stories
IT professionals are also embracing the reality of Serverless architectures, which are critical to developing and operating real-time applications and services. Serverless is particularly important as enterprises of all sizes develop and deploy Internet of Things (IoT) initiatives. Serverless and Kubernetes are great examples of continuous, rapid pace of change in enterprise IT. They also raise a number of critical issues and questions about employee training, development processes, and opera...
This month @nodexl announced that ServerlessSUMMIT & DevOpsSUMMIT own the world's top three most influential Kubernetes domains which are more influential than LinkedIn, Twitter, YouTube, Medium, Infoworld and Microsoft combined. NodeXL is a template for Microsoft® Excel® (2007, 2010, 2013 and 2016) on Windows (XP, Vista, 7, 8, 10) that lets you enter a network edge list into a workbook, click a button, see a network graph, and get a detailed summary report, all in the familiar environment of...
At CloudEXPO Silicon Valley, June 24-26, 2019, Digital Transformation (DX) is a major focus with expanded DevOpsSUMMIT and FinTechEXPO programs within the DXWorldEXPO agenda. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of business. Only 12% still survive. Similar percentages are found throug...
AI and machine learning disruption for Enterprises started happening in the areas such as IT operations management (ITOPs) and Cloud management and SaaS apps. In 2019 CIOs will see disruptive solutions for Cloud & Devops, AI/ML driven IT Ops and Cloud Ops. Customers want AI-driven multi-cloud operations for monitoring, detection, prevention of disruptions. Disruptions cause revenue loss, unhappy users, impacts brand reputation etc.
At CloudEXPO Silicon Valley, June 24-26, 2019, Digital Transformation (DX) is a major focus with expanded DevOpsSUMMIT and FinTechEXPO programs within the DXWorldEXPO agenda. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of business. Only 12% still survive. Similar percentages are found throug...
Atmosera delivers modern cloud services that maximize the advantages of cloud-based infrastructures. Offering private, hybrid, and public cloud solutions, Atmosera works closely with customers to engineer, deploy, and operate cloud architectures with advanced services that deliver strategic business outcomes. Atmosera's expertise simplifies the process of cloud transformation and our 20+ years of experience managing complex IT environments provides our customers with the confidence and trust tha...
The Japan External Trade Organization (JETRO) is a non-profit organization that provides business support services to companies expanding to Japan. With the support of JETRO's dedicated staff, clients can incorporate their business; receive visa, immigration, and HR support; find dedicated office space; identify local government subsidies; get tailored market studies; and more.
At CloudEXPO Silicon Valley, June 24-26, 2019, Digital Transformation (DX) is a major focus with expanded DevOpsSUMMIT and FinTechEXPO programs within the DXWorldEXPO agenda. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of business. Only 12% still survive. Similar percentages are found throug...
As you know, enterprise IT conversation over the past year have often centered upon the open-source Kubernetes container orchestration system. In fact, Kubernetes has emerged as the key technology -- and even primary platform -- of cloud migrations for a wide variety of organizations. Kubernetes is critical to forward-looking enterprises that continue to push their IT infrastructures toward maximum functionality, scalability, and flexibility. As they do so, IT professionals are also embr...
In his general session at 19th Cloud Expo, Manish Dixit, VP of Product and Engineering at Dice, discussed how Dice leverages data insights and tools to help both tech professionals and recruiters better understand how skills relate to each other and which skills are in high demand using interactive visualizations and salary indicator tools to maximize earning potential. Manish Dixit is VP of Product and Engineering at Dice. As the leader of the Product, Engineering and Data Sciences team at D...