Wednesday, February 22, 2012

Juniper Networks Buys Mykonos Software

Sunnyvale-based Juniper Networks said today that it has acquired San Francisco-based Mykonos Software, a developer of intrusion prevention and security software. Juniper said it paid $80M in cash for Mykonos. Mykonos Software, which is headed by David Koretz. The acquisition was an extraordinarily quick one for Mykonos, which only announced a Series A in January, raising $4M from Paychex founder Tom Golisano, Scott Banister (Ironport), Jeff Clarke (Travelport, Orbitz) and Mike Jones (Clover Capital, Federated Clover).