Juniper Networks Inc. (JNPR) is interested in acquiring Aruba Networks Inc. (ARUN) or Meru Networks, the Financial Times reported Thursday, citing an unnamed source familiar with the matter and two analysts.
The newspaper cited Eric Suppiger, an analyst at Signal Hill, as predicting that Juniper will acquire either Aruba or Meru - but not both - as it lacks a wireless portfolio to compete with Cisco Systems Inc. (CSCO).
Spokespersons for Aruba and Meru declined comment on the matter and Juniper didn't return phone calls, the FT said on its Web site. All three companies are based in Sunnyvale, Calif., the paper said.
It said that analysts have long said they considered Aruba an attractive candidate, and that Meru has consistently said it is on an IPO track.
Full Story: http://www.ft.com/cms/s/2/14385ee6-7da3-11dd-bdbd-000077b0765...
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