ents of micro branch, branch office, and campus and data center environments, providing a foundation for the delivery of applications able to support strategic business processes. QFX Series: The company’s QFX Series of products offers an approach to switching that delivers improvements in data center performance, operating costs, and business agility for enterprises, computing systems, and cloud providers. Its QFX family, including the QFabric System (QFabric Nodes, Interconnect and Director) and QFX Series Switches (QFX5100, QFX3600, and QFX3500 Switch), combined with fabric and high availability software features in Junos, enables improvements in speed, scale, and efficiency by removing complexity and improving business agility. Security Products SRX Series Services Gateways for the Data Center: The company’s SRX Series platforms delivers service integration in a chassis-based form factor ideally suited for medium to large enterprise and service provider data centers and large campus environments. SRX Series Gateways for the Campus and Branch: This consolidation enables organizations to deliver new services and applications to all locations and users with service quality. The SRX Series is powered by Junos, the same Operating System platform that keeps the networks available, manageable, and secure. Markets and Customers The company sells its high-performance network products and service offerings through direct sales, distributors, value-added resellers (VARs), and original equipment manufacturer (OEM) partners to end-users in the service provider and enterprise markets. The company sells its products in approximately 100 countries in 3 geographic regions: Americas; Europe, the Middle East, and Africa; and the Asia Pacific. It sells its high-performance network products and service offerings across routing, switching, and security. Strategy The company’s strategy includes various elements, such as maintaining and extending technology leadership; utilizing position as supplier of high-performance network infrastructure; being a strategic partner to customers; enabling new Internet protocol-based services; and establishing and developing industry partnerships. Research and Development For the year ended December 31, 2014, the company’s expenditures for research and development were $1,006.2 million. Seasonality The company experiences seasonal fluctuations in customer spending patterns. Historically, the company experienced stronger customer demand in the fourth quarter (year ended December 31, 2014) and weaker demand in the first quarter. Intellectual Property As of December 31, 2014, the company had approximately 2,400 patents worldwide. Competition The company competes with Cisco Systems, Inc. (Cisco); Alcatel-Lucent; Arista Networks, Inc. (Arista); Brocade Communications Systems, Inc. (Brocade); Hewlett Packard Company (HP); and Huawei Technologies Co., Ltd. (Huawei). Environment The company’s operations and many of its products are subject to various federal, state, local and foreign regulations that have been adopted with respect to the environment, such as the Waste Electrical and Electronic Equipment Directive, Directive on the Restriction of the Use of Certain Hazardous Substances in Electrical and Electronic Equipment, and Registration, Evaluation, Authorization, and Restriction of Chemicals regulations adopted by the European Union and China. History Juniper Networks, Inc. was founded in 1996. The company was incorporated in California in 1996 and reincorporated in Delaware in 1998.
juniper networks inc (JNPR:New York)
1133 Innovation Way
Sunnyvale, CA 94089
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