Juniper Networks will sell its Junos Pulse product portfolio to Siris Capital for approximately $250 million.
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Juniper said the divestiture of Pulse is consistent with its new Integrated Operating Plan that focuses on High-IQ networks and building the next-generation of clouds.
Siris is a leading private equity firm focused on making control investments in data, telecommunications, technology and technology-enabled business service companies.
http://www.juniper.net