Juniper trumpets £50m acquisition of Mykonos Software

News by Dan Raywood

Juniper has announced the acquisition of intrusion deception and prevention vendor Mykonos Software.

Juniper has announced the acquisition of intrusion deception and prevention vendor Mykonos Software.

In a deal worth approximately $80m (£51m), Juniper said the acquisition allows it to extend its security portfolio with technology that is capable of detecting an attacker before action is in progress.

According to Mykonos Software, its web intrusion prevention system uses deception to detect, track, profile and prevent hackers in real time and, unlike signature-based approaches, it inserts detection points to proactively identify attackers before they do damage. Also, unlike web security appliances and web application firewalls, Mykonos said that it provides device-level tracking beyond the IP address so attackers can be uniquely identified, monitored and blocked.

Nawaf Bitar, senior vice-president and general manager of the security business unit at Juniper Networks, said: “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's 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."

David Koretz, chairman and chief executive officer of Mykonos Software, said: “We believe the combination of Mykonos's ground-breaking 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 organisation to deliver the next generation of application security based on best-of-breed, proactive and preventative technology."


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