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Network Equipment maker Juniper buys Israeli Virtulization Securoty Firm Altor for $95 mln

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Thursday, January 13th, 2011

“Juniper is excited to acquire one of the industry’s leading virtualization security vendors and the extremely talented team that built it,” – Mark Bauhaus, executive vice president and general manager, Juniper Networks.

 Juniper Networks Inc acquired Altor Networks, a company specializing in security for virtualization technology. Altor Networks was founded in 2007 by security and networking experts from Israel’s Internet security giant Check Point.

Virtualization and cloud computing products allow multiple users to run on a single physical host, with each virtual machine sharing the resources of that hardware across multiple environments. Virtualization technology is increasingly in demand as large corporations try to cut back on hardware in their data centers.