Today we are pleased to announce that the acquisition of Mist Systems by Juniper Networks has been completed. As you can imagine, it was a lot of work to get to this point, but it is just the beginning!
The Expectations for Success are High
Mist is leading a new era of IT that uses AI to save time and money, deliver unprecedented scale, and provide unparalleled user experiences. Mist started down this path as a standalone company, and we now have additional resources as part of Juniper Networks to accelerate this mission.
We want to take a serious chunk out of the $20 Billion networking industry, and the collective team is working manically to make it happen. The competition is currently not innovating at a fast pace, and we believe we can leapfrog them with the first truly AI-driven solution born in the cloud that brings wired and wireless under one unified umbrella.
“Always remember, you have within you the strength, the patience and the passion to reach for the stars to change the world.”— Harriet Tubman
The Feedback has been Stellar
As you can imagine, in the four weeks since Juniper announced their intent to acquire Mist we have been feverishly talking with customers, prospects, industry analysts, financial analysts, and Mist partners. I am pleased to say that the response has been overwhelmingly positive, including the quotes below:
“This is a solid acquisition, technology wise.”
“Very exciting deal. We expect this will be successful for Juniper and Mist.”
“I’m super excited Juniper did this! I think you can really do well in the campus with it.”
“Good pick up with the technology and people. Looking forward to talking to Mist as Juniper Employees!”
”Wow! This is huge!”
There is a collective acknowledgement that the acquisition makes perfect sense and the timing is ideal to deliver on the goals outlined above.
We are Ready to Rise to the Challenge
The Mist co-founders and I turned Cisco’s wireless and edge networking products into a multi-billion dollar business over the course of several years – and we look forward to working at Juniper to take on the Enterprise network in a similar manner. The technology is outstanding, the team is phenomenal, and Juniper offers complementary technology and global coverage. The wind is at our backs as the IT industry is looking for a transition to AI-driven products managed in the cloud.
The close of this acquisition has given birth to enormous possibilities for Mist and Juniper, and I look forward to the opportunity ahead.