![]() The uncertainty that comes with rumors of sales and being bought can be unnerving for employees of any business. Speculation quickly arose that the Junos Pulse business was on the market, and in July, it was announced that the unit was being bought by private equity firm Siris Capital for $250 million. ![]() Kheradpir’s plan fell in line with recommendations forwarded in January by activist investor Elliott Management, which felt Juniper had solid products but was underperforming and needed to return more money to its shareholders. Juniper Networks launched its Junos Pulse mobile security business in 2010, but its future was thrown into doubt in February as soon as new CEO Shaygan Kheradpir rolled out his plan to grow the tech vendor’s bottom line, a strategy that included slashing costs, shedding some products, and focusing on networks and the cloud.
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