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Juniper Networks
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===2008–present=== In July 2008, Juniper's first CEO, [[Scott Kriens]], became chairman and former [[Microsoft]] executive [[Kevin Johnson (executive)|Kevin Johnson]] was appointed CEO.<ref>{{cite web|url=http://news.cnet.com/8301-13860_3-9998192-56.html|title=Kevin Johnson to leave Microsoft for Juniper|date=July 23, 2008|publisher=CNET News|access-date=January 29, 2009|archive-date=October 11, 2008|archive-url=https://web.archive.org/web/20081011195003/http://news.cnet.com/8301-13860_3-9998192-56.html|url-status=dead}}</ref><ref>{{cite news|newspaper=eWeek|title=From Microsoft to Juniper|last=Burt|first=Jeffrey|date=August 4, 2008}}</ref> Johnson focused the company more on software, creating a software solutions division headed by a former Microsoft colleague, [[Bob Muglia]].<ref name="cross"/> Juniper also hired other former Microsoft executives to focus on the company's software strategy and encourage developers to create software products that run on the [[Junos|Junos operating system]].<ref>{{cite news|title=The Microsofting of Juniper Networks|url=https://www.networkworld.com/article/736870/lan-wan-the-microsofting-of-juniper-networks.html|date=September 24, 2010|newspaper=Network World|first=Jim|last=Duffy|access-date=February 6, 2015}}</ref> Juniper established partnerships with [[IBM]], Microsoft and [[Oracle Corporation|Oracle]] for software compatibility efforts.<ref>{{cite news|title=Juniper says the switch is on|first=Jim|last=Duffy|newspaper=Network World|date=February 4, 2008}}</ref> The SSL/VPN Pulse product family was launched in 2010, then later spun off to a private equity firm in 2014 for $250 million.<ref>{{cite news|title=Juniper to Sell Junos Pulse Security Unit for $250 Million|first=Jeffrey|last=Burt|date=July 25, 2014|url=http://www.eweek.com/networking/juniper-to-sell-junos-pulse-security-unit-for-250-million.html#sthash.n1tBy5Bn.dpuf|archive-url=https://archive.today/20150414173957/http://www.eweek.com/networking/juniper-to-sell-junos-pulse-security-unit-for-250-million.html%23sthash.n1tBy5Bn.dpuf|url-status=dead|archive-date=April 14, 2015|access-date=January 20, 2015|newspaper=eWeek}}</ref> In 2012, Juniper laid off 5% of its staff and four of its high-ranking executives departed.<ref>{{cite news|title=Juniper Networks tried to sell enterprise assets: report|first=Jim|last=Duffy|newspaper=Network World|date=February 26, 2013|url=http://www.networkworld.com/article/2163898/lan-wan/juniper-networks-tried-to-sell-enterprise-assets--report.html|archive-url=https://web.archive.org/web/20140710141630/http://www.networkworld.com/article/2163898/lan-wan/juniper-networks-tried-to-sell-enterprise-assets--report.html|url-status=dead|archive-date=July 10, 2014|access-date=December 23, 2014}}</ref><ref>{{cite news|title=Juniper Networks sees another top exec leave|first=Jim|last=Duffy|date=October 23, 2012|newspaper=Network World|url=http://www.networkworld.com/article/2160937/lan-wan/juniper-networks-sees-another-top-exec-leave.html|archive-url=https://web.archive.org/web/20141113065923/http://www.networkworld.com/article/2160937/lan-wan/juniper-networks-sees-another-top-exec-leave.html|url-status=dead|archive-date=November 13, 2014|access-date=December 23, 2014}}</ref> The following year, CEO [[Kevin Johnson (executive)|Kevin Johnson]] announced he was retiring once a replacement was found.<ref>{{cite news|title=Juniper CEO announces retirement following blowout Q2 results|first=Jim|last=Duffy|newspaper=Network World|date=July 23, 2013|url=http://www.networkworld.com/article/2168417/lan-wan/juniper-ceo-announces-retirement-following-blowout-q2-results.html|archive-url=https://web.archive.org/web/20150410061912/http://www.networkworld.com/article/2168417/lan-wan/juniper-ceo-announces-retirement-following-blowout-q2-results.html|url-status=dead|archive-date=April 10, 2015|access-date=December 23, 2014}}</ref> In November 2013, Juniper Networks announced that [[Shaygan Kheradpir]] would be appointed as the new CEO.<ref>{{cite news|title=Juniper taps new CEO with CIO roots|first=Jim|last=Duffy|date=November 13, 2013|newspaper=Network World|url=http://www.networkworld.com/article/2171794/lan-wan/juniper-taps-new-ceo-with-cio-roots.html|archive-url=https://web.archive.org/web/20140715141214/http://www.networkworld.com/article/2171794/lan-wan/juniper-taps-new-ceo-with-cio-roots.html|url-status=dead|archive-date=July 15, 2014|access-date=October 30, 2014}}</ref> He started the position in January 2014.<ref>{{cite news|title=New CEO Kheradpir Lays Out Vision For Future Of Juniper Networks|first=Kristin|last=Bent|date=January 16, 2014|url=http://www.crn.com/news/networking/240165442/new-ceo-kheradpir-lays-out-vision-for-future-of-juniper-networks.htm|access-date=May 3, 2015|newspaper=CRN}}</ref><ref>{{cite news|title=Juniper CEO Resigns After Review Over Customer Negotiation|first=Dina|last=Bass|publisher=Bloomberg|access-date=May 3, 2015|url=https://www.bloomberg.com/news/articles/2014-11-10/juniper-ceo-resigns-after-review-over-customer-negotation}}</ref> In January 2014, [[hedge fund]], activist investor and Juniper shareholder [[Elliott Associates]] advocated that Juniper reduce its cash reserves and cut costs,<ref>{{cite news|title=Elliott calls on Juniper Networks to return $3.5 billion to investors|first=Stephen|last=Foley|url=http://www.ft.com/intl/cms/s/0/096a1c42-7c77-11e3-b514-00144feabdc0.html#axzz3MfMPoC5c|archive-url=https://ghostarchive.org/archive/20221211141222/https://www.ft.com/content/096a1c42-7c77-11e3-b514-00144feabdc0#axzz3MfMPoC5c|archive-date=December 11, 2022|url-access=subscription|url-status=live|newspaper=Financial Times|access-date=December 22, 2014|date=January 13, 2014}}</ref> before Kheradpir was officially appointed.<ref>{{cite news|date=September 2, 2014|title=Juniper CEO: From CIO to CEO in Three Steps|first=Clint|last=Boulton|newspaper=The Wall Street Journal|url=https://blogs.wsj.com/cio/2014/09/02/juniper-ceo-from-cio-to-ceo-in-three-steps/|access-date=October 31, 2014}}</ref> That February, Juniper reached an agreement with Elliott and other stakeholders for an Integrated Operating Plan (IOP) that involved repurchasing $2 billion in shares, reducing operating expenses by $160 million and appointing two new directors to its board.<ref>{{cite news|title=Juniper Networks, Under Pressure, Unveils Buyback and Dividend Plan|first1=Don|last1=Clark|first2=David|last2=Benoit|date=February 20, 2014|url=https://www.wsj.com/news/articles/SB10001424052702304275304579395440693842598?mod=WSJ_qtoverview_wsjlatest|newspaper=The Wall Street Journal|access-date=December 22, 2014}}</ref><ref>{{cite news|title=Juniper Networks Reaches Deal With Hedge Fund|first=William|last=Alden|date=February 20, 2014|newspaper=The New York Times|url=https://dealbook.nytimes.com/2014/02/20/juniper-networks-reaches-deal-with-hedge-fund/?_r=0|access-date=December 22, 2014}}</ref> That April, 6% of the company's staff were laid off to cut expenses.<ref>{{cite news|title=Juniper Networks to Cut Global Workforce by 6%|first=John|last=Kell|date=April 2, 2014|url=https://www.wsj.com/news/articles/SB10001424052702303987004579477940134789148?mg=reno64-wsj|newspaper=The Wall Street Journal|access-date=December 23, 2014}}</ref> In November 2014, Kheradpir unexpectedly resigned following a review by Juniper's board of directors regarding his conduct in a negotiation with an unnamed Juniper customer.<ref>{{cite news|first=Alex|last=Konrad|newspaper=Forbes|date=November 10, 2014|url=https://www.forbes.com/sites/alexkonrad/2014/11/10/mysterious-customer-negotiation-leads-to-sudden-ouster-of-juniper-networks-ceo/|title=Mysterious Customer Negotiation Leads To Sudden Ouster Of Juniper Networks CEO|access-date=November 11, 2014}}</ref> An internal Juniper executive, Rami Rahim, took his place as CEO.<ref>{{cite news|title=Juniper CEO Resigns After Review Over Customer Negotiation|first1=Dina|last1=Bass |first2=Denni|last2=Hu|date=November 11, 2014}}</ref> In May 2014, [[Palo Alto Networks]] agreed to pay a $175 million settlement for allegedly infringing on Juniper's patents for application firewalls.<ref>{{cite news|title=Palo Alto Networks to Pay $175 Million to Resolve Suit With Juniper|first1=Asma|last1=Ghribi|first2=Tess|last2=Stynes|url=https://www.wsj.com/articles/palo-alto-networks-to-pay-175-million-to-resolve-suit-with-juniper-1401309775|access-date=December 23, 2014|newspaper=The Wall Street Journal|date=May 28, 2014}}</ref> In 2015, [[Wired (magazine)|''Wired'' magazine]] reported that the company announced it had found unauthorized code that enabled [[Backdoor (computing)|backdoor]]s into its [[ScreenOS]] products.<ref name=wired>{{cite web|url=https://www.wired.com/2015/12/juniper-networks-hidden-backdoors-show-the-risk-of-government-backdoors/ |title=Secret Code Found in Juniper's Firewalls Shows Risk of Government Backdoors |website=Wired.com |date=2015-12-18 |access-date=2018-03-12}}</ref> The code was patched with updates from the company.<ref name=wired/> In January 2024, the company agreed to be purchased by [[Hewlett Packard Enterprise]] (HPE) for $14 billion in an all-cash deal<ref>{{cite news|title=HPE to acquire Juniper Networks for $14 billion|first=Jordan|last=Novet|url=https://www.cnbc.com/2024/01/09/hpe-to-acquire-juniper-networks-for-14-billion.html |publisher=CNBC}}</ref> to boost HPE's networking and [[artificial intelligence]] resources.<ref>{{Cite web |title=HPE to buy Juniper Networks in $14bn deal |url=https://www.ft.com/content/65069405-95f2-4d06-9da0-03f87115b35a |access-date=2024-01-10 |work=Financial Times|date=January 10, 2024 |last1=Bradshaw |first1=Tim |last2=Edgecliffe-Johnson |first2=Andrew |last3=Kinder |first3=Tabby |last4=Fontanella-Khan |first4=James }}</ref> The acquisition was contested by the [[U.S. Department of Justice]] in January 2025, citing concerns about reduced competition and innovation, leading to higher prices for consumers.<ref>{{Cite news |last=Ott |first=Matt |date=January 30, 2025 |title=Justice Department sues to block $14 billion Juniper buyout by Hewlett Packard Enterprise |url=https://apnews.com/article/hewlett-packard-enterprise-juniper-acquisition-9d6b4a3a39413480cb9e7ecd58f6ae1b |work=Associated Press}}</ref>
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