Juniper Networks acquires Mykonos Software

Juniper Networks has acquired Mykonos Software, a provider of Intrusion Deception Systems that protect websites and web applications. Under the terms of the agreement, Juniper acquired Mykonos Software for a cash purchase price of approximately $80 million.

Unlike current solutions such as web security appliances and Web Application Firewalls (WAFs), Mykonos provides device level tracking beyond IP address tracking that allows for attackers to be uniquely identified, monitored and blocked.

With the acquisition of Mykonos Software, Juniper Networks extends its security footprint to bring next-generation, deception-based web application security to physical, virtual and cloud environments. Customers will benefit from a proactive security approach that empowers customers to stop hackers in real-time, backed by Juniper’s scale and overall security portfolio, and strong services and support capabilities.

Jeff Wilson, principal analyst, Infonetics Research said: “Acquiring Mykonos Software is a smart move for Juniper. Mykonos’ intrusion deception technology is an innovative defense against zero-day web attacks, automated hacker tools, malicious web content, and similar threats aimed at companies’ websites and web applications. There are opportunities for Juniper to sell standalone and integrated versions of the Mykonos solution.”