In the beginning of March, Juniper Networks, a provider of products and solutions in enterprise networking and cybersecurity, announced it had entered a definitive agreement to acquire Mist Systems for US$405 million, subject to adjustment. Mist Systems is a company focused on providing wireless connectivity solutions to establishments. Besides offering wireless connectivity hardware and artificial intelligence (AI)-driven network management, Mist also includes an indoor location service that has been regarded as a scalable model that is easy to implement and does not necessarily incur prohibitive CAPEX. With the acquisition, Juniper fills the gap in its end-to-end LAN offering. Previously, the company had to rely on third-party hardware for wireless access points (APs), frequently partnering up with Mist for this purpose. Now that Mist is a part of Juniper, it can reach a wider global market, and Juniper’s portfolio is extended into location technologies. Thus, it is worth evaluating how unique Mist System’s solutions are and whether its business model can thrive in a notoriously challenging market.
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