Juniper Networks to acquire Pacific Broadband Communications

Nov. 14, 2001
Nov. 14, 2001--Juniper Networks Inc. has announced a definitive agreement to acquire privately held Pacific Broadband Communications in a stock transaction totaling approximately $200 million. Pacific Broadband develops standards-based cable modem termination systems (CMTS) that help cable operators deliver advanced IP services, including Voice over IP, high-speed cable modem access, and Digital Versatile Disc (DVD)-quality video on demand over the last mile cable infrastructure.

Juniper Networks Inc. has announced a definitive agreement to acquire privately held Pacific Broadband Communications in a stock transaction totaling approximately $200 million. Pacific Broadband develops standards-based cable modem termination systems (CMTS) that help cable operators deliver advanced IP services, including Voice over IP, high-speed cable modem access, and Digital Versatile Disc (DVD)-quality video on demand over the last mile cable infrastructure.

"The cable industry stands to benefit greatly from the combined expertise of Juniper Networks and Pacific Broadband Communications," contends Tony Werner, chief technical officer of Liberty Media Corp. "As the cable industry continues to evolve as a provider of tomorrow's broadband services to both business and residential subscribers, its multiple system operators must continually increase performance with innovative IP networking solutions."

The acquisition has been approved by the board of directors of each company and is subject to various closing conditions, including approval under the Hart-Scott-Rodino Antitrust Improvements Act. It is expected to close in the fourth quarter.

Pacific Broadband Communications (San Jose, CA) develops ultra dense, highly noise-immune broadband solutions that enable service providers to deliver standards-based data, telephony, and video over last mile networks. More information can be found at www.pacificbroadband.com.

Juniper Networks Inc. (Sunnyvale, CA) provides purpose-built systems designed to meet the scalability, performance, density, and compatibility requirements of evolving, optically enabled IP networks. For more information, visit the company's Web site at www.juniper.net.

Sponsored Recommendations

The Journey to 1.6 Terabit Ethernet

May 16, 2024
Embark on a journey into the future of connectivity as IEEE P802.3dj Task Force leaders unveil the groundbreaking strides towards 1.6 Terabit Ethernet, revolutionizing the landscape...

Data Center Network Advances

April 2, 2024
Lightwave’s latest on-topic eBook, which AFL and Henkel sponsor, will address advances in data center technology. The eBook looks at various topics, ranging...

Coherent Routing and Optical Transport – Getting Under the Covers

April 11, 2024
Join us as we delve into the symbiotic relationship between IPoDWDM and cutting-edge optical transport innovations, revolutionizing the landscape of data transmission.

Smaller and Faster: High Density Optical Microcable

Feb. 1, 2024
Unlock the potential of fiber-optic networks with our upcoming webinar as we delve into the growing demand for enhanced fiber density in Outside Plant (OSP) networks across North...