Juniper Networks

Performance indicators

2020

Share in the global router market - 8.1%

At the end of 2020, Juniper Network occupied 8.1% of the global router market (data Gartner). More. here

Information security business declined, revenue - $4.45 billion

Juniper Networks ended 2020 with revenue of $4.45 billion, which is almost exactly the same as a year ago.

Device sales also changed slightly to $2.85 billion, and in the services segment, the company's revenues increased from $1.58 billion to $1.6 billion.

Juniper Networks earned about $1.61 billion in the router market in 2020 against $1.62 billion a year earlier. The sale of switching equipment in comparison with the same periods of time increased from $901 million to $918.9 million. Revenue from the sale of equipment and services in the field of information security (information security) decreased to $314 million in 2020 from $343.5 million in 2019, when there was an increase.

Juniper Networks information security business declined in 2020, revenue almost corresponds to 2019 - $4.45 billion

Juniper Networks' major sales still came from carriers. Thanks to them, the company in 2020 raised $1.76 billion, which is less than the value of $1.83 billion a year ago. Orders from corporate clients provided the vendor with a turnover of $1.6 billion, while in 2019 these revenues amounted to $1.56 billion.

As for the most profitable regions, the lion's share in the revenue of Juniper Networks is occupied by the countries of the Americas. There, in 2020, the manufacturer received $2.45 billion in revenue against $2.52 billion a year ago. In Europe, the Middle East and Africa (EMEA), sales increased from $1.22 billion to $1.23 billion, and in the Asia-Pacific region, revenue rose from $712.1 million to $766.2 million.

The company's net profit in 2020 amounted to $257.8 million, and in 2019 it was at the level of $345 million.

Juniper linked weak financial results to "lower interest income, higher operating costs and lower gross margin partially offset by a lower tax rate."

Since the report's release, Juniper Networks shares have fallen 3% in price, but the securities have gained 14% in the past 12 months^[1]

Business in Russia

2019: Juniper Networks punished for sawing customer discounts with partners

At the end of August 2019, Juniper Networks paid a fine of $11.7 million due to the fact that its Russian subsidiary, in collusion with partners, spent money allegedly allocated for discounts to buyers. Juniper Networks activities fell under the law "On the fight against corruption by individuals and legal entities-residents USA in the territory of foreign countries" (FCPA).

By a court decision, Juniper Networks returned $4 million illegally received and paid the US Securities and Exchange Commission a fine of $6.5 million. In addition, even before the court proceedings, the company paid a fine of $1.3 million.

Juniper Networks paid a fine of $11.7 million due to the fact that its Russian subsidiary, in collusion with partners, spent money allegedly allocated for discounts to buyers

According to internal administrative data, the US Securities and Exchange Commission in August 2013 accused Juniper Networks of violating the FCPA provisions regarding books and records, as well as internal accounting control. Juniper Networks previously reported that the Justice Department closed an investigation into the matters in late 2017 without acting against the company. However, the case was reopened.

It turned out that from 2008 to 2013, sales employees belonging to the Russian subsidiary of Juniper Networks, JNN Development Corp. (JNN), secretly negotiated with third-party partners to increase discounts allegedly allocated to customers. In fact, discounts did not reach customers, because money settled in the pockets of intermediaries. These funds, not listed in the books, were called "general funds" and were partially transferred to JNN sales representatives.

Funds from "common funds" went to trips by foreign officials to locations clearly unrelated to Juniper Networks' manufacturing facilities as well as industry conferences, Securities Commission officials said. Some of the trips were predominantly leisure in nature and had virtually no educational or business goals. Of course, the creation of such funds was prohibited by the company's internal policy, but although Juniper Networks learned about the "general funds" at the end of 2009, the waste of funds continued until 2013.

Funds from "general funds" went to trips of foreign officials to places clearly not related to the production facilities of Juniper Networks

A similar situation has developed in China in Juniper Networks Shanghai Ltd. and Juniper Networks R&D Ltd. From 2009 to 2013, Chinese subsidiary sales employees falsified plans for official travel and meetings with customers, including government employees. Chinese trade representatives then submitted the rigged plans to Juniper Networks' legal department for approval. Contrary to the rules, the legal department approved numerous trips without proper consideration and even approved payment for some business trips retroactively.

After the investigation began, Juniper Networks cooperated with regulatory authorities and voluntarily turned over necessary documents, according to the Securities Commission. A spokesman noted that Juniper Networks took a number of actions during the waiting period to better meet regulatory requirements. As part of the corrective action, Juniper Networks tightened controls and required subsidiaries to pre-approve non-standard discounts from management. In addition, subsidiaries now require prior approval of third-party travel and entertainment, partner marketing expenses, and certain operating expenses in high-risk markets.^[2]

2016: Transfer to Juniper Networking Solutions LLC

Since June 1, 2016, the company's operating activities in Russia have been transferred from its local representative office to Juniper Networking Solutions LLC, which was registered back in 2014. According to experts, this may be due to an attempt by the vendor to maintain a share in the Russian market in the context of Western countries imposing sanctions against the Russian Federation.

The fact that Juniper Networks will transfer operating activities in Russia from its local representative office to Juniper Networking Solutions LLC is stated in the vendor's internal document.

According to the Kartoteka.ru portal, Juniper Networking Solutions LLC was registered on November 21, 2014. 99.9% of the share of this company belongs to Juniper Networks International B.V. (Netherlands), 0.1% - Juniper Networks (Nominees) Ltd. (United Kingdom). The CEO of Juniper Networking Solutions is Anna Kalan.

2011

Dmitry Kamensky appointed head of the representative office

On August 9, 2011, Juniper Networks announced the appointment of Dmitry Kamensky as regional vice president in Russia and Eastern and Southeastern Europe (RESE region). Dmitry Kamensky is responsible for developing sales and business in the field of solutions for telecom operators and enterprises and reports to Sean Dolan, Senior Vice President for Europe, the Middle East and Africa. Kamensky explains the decision to change jobs (moved from Cisco) by receiving "an interesting offer with a higher level of independence."

Geographically, Kamensky will work from Vienna, where he lives in the last few years. The top manager does not plan to move to Russia, he told CNews.

The main areas of development of Juniper Kamensky sees two points: "We will strive to increase the market share in the field of corporate not operator sales, but in terms of business with operators, we want to diversify sales." Now Juniper is more noticeably represented in fixed-line operators, there are plans to strengthen work with mobile operators, he adds.

The company's intentions to strengthen work with the corporate sector were also heard by the vendor's Russian partners. "As far as we know, unlike Viktor Solodkov (the previous head of Juniper, - approx. CNews), Kamensky's jurisdiction includes work not only with telecom operators, but also with corporate customers," says First Deputy Managing Director of Technoserv Evgeny Zaktrin.

In addition, Juniper in Russia, according to Kamensky, will have a new partner status for software developers under Junos - the operating system on which the vendor's equipment runs. Having received it, teams of programmers using the Junos open API (application creation interface) will be able to receive vendor support, advice and indication as a partner on the official website.

As for the appearance of a manager responsible only for Russia, then, as Dmitry Kamensky says, "a decision on the feasibility of this has not yet been made." Integrators believe that ordinary personnel will have to be hired in any case. "According to our estimates, Juniper's business in Russia is growing more dynamically than its closest competitors," said Evgeny Zatnin. - This is connected both with a good product line and pricing policy, and properly built work with partners. To maintain the growth rate, Kamensky will have to strengthen the Russian office of the company with additional technical and presale specialists. "

The head of the representative office Viktor Solodkov leaves the company

In February 2011, Viktor Solodkov left the post of head of Juniper in Russia. He moved to another telecom equipment company - Genband. Juniper did not have a head in Russia for about six months.

2010: Agreement between Svyazinvest, Envision Group and Juniper

In July 2010, a tripartite agreement of intent was signed between Svyazinvest, NVision Group and Juniper. It was assumed, among other things, the localization of production, but the parties to the agreements did not talk about the specific results of the work as of August 2011. NVision told CNews that "work is underway."

History

2024: HPE bought Juniper Networks for $14 billion

On January 9, 2024, HPE announced that it had entered into an agreement to acquire network equipment manufacturer Juniper Networks. The amount of the transaction, which is planned to be carried out entirely at the expense of funds, is approximately $14 billion.

The agreement is unanimously approved by the boards of directors of both companies. Under the terms of the contract, HPE will pay $40 for each Juniper Networks security. This represents a premium of 32% to Juniper Networks' share price at the close of trading on January 8, 2024. It is expected that the transaction will be completed at the end of 2024 or at the beginning of 2025 calendar year, subject to obtaining the necessary permits from regulators, approval by shareholders of the company being absorbed and fulfilling other usual conditions.

HPE Announces Agreement to Acquire Juniper Networks

The combination of HPE and Juniper Networks will contribute to the shift of HPE's product mix towards the fast-growing business lines that network solutions belong to. In particular, HPE says the deal will double the size of its network direction. The booming growth of AI and hybrid cloud-based businesses is accelerating demand for secure, unified technology solutions that connect, protect, and analyze company data from the periphery to the cloud. HPE plans to actively develop the direction of enterprise-class AI products.

In a joint statement, the parties said that the unification of complementary product families of companies strengthens HPE's strategy to move from the periphery to the cloud. This will strengthen the position in an AI environment based on the basic cloud architecture. Together, HPE and Juniper Networks intend to provide customers of all sizes with a wide range of secure products needed to meet their growing network connectivity needs.^[3]

2023: Downsizing to save millions of dollars

On September 29, 2023, Juniper Networks, an American telecommunications equipment manufacturer, announced a reorganization that would lay off hundreds of employees. This is stated in documents sent to the US Securities and Exchange Commission (SEC).

Juniper Networks has faced a deteriorating financial position due to macroeconomic challenges and high inflation. Cloud service providers have slowed the development of their infrastructures, and therefore the number of orders for Juniper Networks network equipment, in particular, for enterprise-class switches and routers, has decreased. Against this background, the company is forced to optimize its organizational structure.

Juniper Networks Announces Reorganization

The approved restructuring plan aims to reallocate resources to "effectively support activities" and ensure growth in the long term. As part of this program, Juniper Networks worldwide will lay off approximately 440 employees. They will receive monetary compensation and other payments due under local law. The bulk of the cuts are expected to be completed by the end of the first quarter of fiscal 2024. Which units will be affected is not specified, but it is said that the costs associated with this process will amount to about $40 million. Another $19 million will fall on other expenses related to the reorganization. Thus, the total costs will reach $59 million.

The program is the result of a thorough analysis of business goals. The company believes that the restructuring plan will continue to reasonably manage operating costs in the future in order to ensure increased profitability, Juniper Networks said in an official statement.[4]

2022: Purchase of the developer of solutions for protecting access control to the network WriteSand

In mid-February 2022, Juniper Networks announced the acquisition of WriteSand. The financial component of the transaction of the company did not disclose. Read more here.

2020

Purchase of network management platform developer at Apstra data centers

On December 7, 2020, Juniper Networks announced the acquisition of Apstra, but did not name the value of the transaction. It is planned to fulfill all the formalities of this agreement in the first quarter of 2021. When that happens, Apstra founder David Cheriton will join Juniper as a principal investigator in data center technology. Read more here.

Acquisition of software platform manufacturer 128 Technology

Juniper Networks acquires for almost half a billion dollars the firm of 128 Technology, a manufacturer of a software platform for corporate networks. This became known on October 20, 2020. Read more here.

2019

Revenue decline by 4% to $4.45 billion

In 2019, Juniper Networks' revenue reached $4.45 billion, down 4% due to rising costs and lower demand for routers. The latter diverged in the amount of $1.62 billion against $1.84 billion in 2018.

The company earned $901 million on switches, while in 2018 revenues were measured at $934.4 million. In the information security technology market, Juniper Networks' turnover was $343.5 million, up from $333 million in 2018.

Juniper Networks financials

Juniper Networks service revenue in 2019 amounted to $1.58 billion. In 2018, the figure was $1.54 billion. Sales of equipment and software decreased from $3.11 billion to $2.87 billion.

The lion's share of Juniper Networks revenue comes from telecommunications operators - in 2019 it was about revenues of $1.83 billion against $2.07 billion. Orders from cloud providers added $1.06 billion to the company's turnover, which is almost the same as a year ago. Revenue from sales of services and equipment to corporate customers at the end of 2019 amounted to $1.56 billion, a slight increase compared to the previous year, when sales were measured at $1.53 billion.

As for the regions, the company earns the most in the countries of the Americas - in 2019, revenue there reached $2.52 billion, slightly decreasing on an annualized basis (in 2018 - $2.54 billion). In the EMEA region, the IT vendor's revenue amounted to $1.22 billion against $1.29 billion in 2018. Another region that appears in the financial report is Asia-Pacific. Here, the turnover of Juniper Networks in 2019 amounted to $712.1 million, noticeably not reaching the result of the previous year ($815.5 million).

In 2019, Juniper Networks' net profit decreased to $345 million from $566.9 million in 2018. The company linked that decline to rising costs.^[5]

Morgan Stanley: Juniper Networks to buy in next 12 months

In early August 2019, Morgan Stanley unveiled a list of large IT companies that bank analysts believe will be "accurately bought" over the next 12 months. Among them are Juniper Networks. Read more here.

Purchase of cloud developer for network management Mist Systems for $405 million

On March 4, 2019, Juniper Networks announced the acquisition of Mist Systems for $405 million. The buyer through this transaction intends to expand its presence in the rapidly growing cloud market for managing wireless networks, as well as introduce new automation features into its existing products. Read more here.

2018: Revenue decline 8% to $4.65 billion

In 2018, Juniper Networks revenue amounted to $4.65 billion, down 8% compared to 2017. Moreover, before that, the company's sales grew for several years in a row.

Juniper Networks equipment sales decreased from $3.45 billion in 2018 to $3.11 billion in 2017, and service revenues during this time - from $1.58 billion to $1.54 billion.

Juniper Networks financials

The company's implementation of routers sank the most - from $2.2 billion in 2017 to $1.84 billion a year later. In the switch market, the vendor earned $963.4 million and $934.4 million, respectively, that is, in 2018 there was a decline of 3%. In the category of solutions for ensuring information security, an increase in annual revenues was registered from $293.3 million to $333 million.

The lion's share of Juniper Networks' revenue is still generated by telecom operators. The company earned $2.07 billion on them in 2018 against $2.32 billion a year earlier. Orders from corporate customers provided the American manufacturer with a turnover of $1.53 billion, while in 2017 this financial indicator was measured at $1.4 billion.

Finally, cloud service providers - Juniper Networks' third-largest customer category - generated $1.05 billion in annual revenue for the company. In 2017, it was $1.31 billion.

In terms of regions, Juniper Networks's revenue mix is still led by countries in the Americas. There, the company's sales in 2018 amounted to $2.54 billion, which is less than the value of $2.95 billion a year ago.

In EMEA countries (Europe, Middle East, Africa), revenue for the year increased from $1.2 billion to $1.29 billion, and in the Asia-Pacific region - sank from $884.2 million to $815.5 million.

Juniper Networks finished 2018 with net income of $566.9 million, almost double the previous year's profit.^[6]

2017

Profit drop by half

In 2017, Juniper Networks' net profit almost halved to $306.2 million, which the company attributed to large one-time expenses (almost $290 million) associated with tax reform in the United States.

As a result of the update of US tax legislation, Juniper Networks is going to return about $3 billion in profit to its homeland.

Juniper Networks Year Totals: Profit Drop Doubles

Juniper Networks' annual revenue rose about 1%, slightly exceeding $5 billion. About $3.4 billion in revenue came from sales of network equipment and software products against $3.5 billion a year earlier. Service revenue rose from $1.46 billion to $1.58 billion.

Juniper Networks' turnover in the router market in 2017 amounted to $2.2 billion, which is less than a year ago at $2.35 billion. Sales of switching equipment increased from $858 to $963.4 million, and information security solutions brought the company $293.3 million in revenue, while in 2016 the revenues of the American vendor in this area were measured at $318 million.

The lion's share of Juniper Networks revenues is still formed by orders from telecommunications operators, which in 2017 brought the company $2.3 billion in revenue. This amount is not much different from the one that was in 2016. Also, the revenue from the supply of equipment and the provision of services to cloud providers turned out to be almost unchanged - $1.3 billion. In the corporate sector, Juniper Networks' turnover reached almost $1.4 billion.

In a regional review, the bulk of Juniper Networks' revenue is in the Americas. In these states, the company raised $2.9 billion in 2017. In  the EMEA region (Europe, Middle East, Africa) revenues amounted to $1.2 billion, in the Asia-Pacific region - $884.2 million against $783.2 million in 2016.^[7]

Dismissal of up to 9% of employees

In March 2017, Juniper Networks reported layoffs. Up to 9% of its employees can leave the company.

Juniper Networks issued a press release announcing the reorganization. In this post, Business Insider saw hints of layoffs, and the company confirmed this.

According to Business Insider, Juniper Networks' headcount will decrease by 9%, which could result in a reduction of 700 to 900 jobs. By the end of 2016, the American company had approximately 9,800 employees.

Juniper Networks Headquarters

A Juniper Networks spokesperson told the publication the size of the cuts was "small" and the 9% figure was inaccurate. Exactly how many people eventually left the company is not specified.

Juniper Networks can only confirm that a small personnel reorganization has contributed to increased operational efficiency and the company's concentration on long-term growth. We are confident in the need for this step, which will allow us to correctly prioritize investing in the most important areas, which, in our opinion, will support our business in the short and long term, "said the representative of Juniper, whose name is not named.

The personnel reorganization, which was officially announced at Juniper, involves the creation of a position as senior vice president of strategy and product line management. This position was taken by Kevin Hutchins. In addition, the technical department will now report to product development director Andy Athreya.

According to the manufacturer, the goal of these changes is to support a transformation strategy through innovation.

The last time before layoffs in March 2017, Juniper cut staff was in 2014-2015, when 6% of employees left the company.^[8]

2016

Sales growth through services

At the end of December 2016, Juniper Networks published its financial report for the previous year. Sales of the network equipment manufacturer rose 3% thanks to the service business.

In 2016, Juniper Networks raised $5 billion against $4.86 billion a year earlier. Net profit during this time decreased to $601.2 million from $633.7 million.

Most of the company's revenue is still generated by sales of routers and other devices, which reached $3.53 billion in 2016, slightly decreasing compared to a year ago. The services brought the vendor $1.46 billion in revenue against $1.3 billion in 2015, and this rise became the main driver of revenue growth for Juniper Networks as a whole.

] Services helped Juniper Networks grow revenue

We believe that we are successfully implementing our strategy to diversify our business and increase our share of the cloud and cloud-related segments of our market. Innovative projects and products are in a strong position and allow us to enter 2017 on a good note, "said Juniper Networks CEO Rami Rahim, whose words are quoted in a press release.

In 2016, Juniper Networks earned $858 million on switching equipment against $768.3 million in 2015. In the router market, revenue remained almost unchanged - $2.4 billion. Sales of information security solutions decreased from $435.6 million to $318 million.

The bulk of Juniper Networks' revenue comes from the Americas. There, the company raised $3 billion in 2016. In the EMEA region (Europe, the Middle East, Africa), revenues amounted to $1.2 billion, in the Asia-Pacific region - $783.2 million.

Carriers bring in double the revenue of Juniper Networks than the corporate segment (3.45 versus $1.54 billion, respectively, in 2016).^[9]

Removing Bookmarks from Firewalls

On January 8, 2016, Juniper Networks announced the removal of extraneous code from ScreenOS that could be used by intelligence agencies and hackers to gain unauthorized access to products on this operating system.

"We will replace the Dual_EC and ANSI X9.31 algorithms in ScreenOS 6.3 with the same random number generation technology used throughout our Junos OS product portfolio. We intend to make these changes in the next version of ScreenOS, which will be available in the first half of 2016, "Juniper said in a statement^[10]

In mid-December 2015, Juniper reported the discovery of two bookmarks in the ScreenOS source code. How they appeared there is unknown. The Intercept published a secret document from the files of former US intelligence officer Edward Snowden, according to which the US National Security Agency knew about the existence of an extraneous code since 2011 and could use it for its own purposes. At the same time, it was noted that there is no direct evidence indicating the involvement of the authorities in the appearance of backdoors in Juniper software.

Juniper Networks reported removing extraneous code from ScreenOS that could be used by intelligence agencies and hackers to gain unauthorized access to products on this operating system

According to experts, the problem in ScreenOS is related to the pseudo-random number generator. At a conference at Stanford University on January 7, 2016, a group of cryptographers stated that the source code of Juniper OS was changed several times in 2008 in order to intercept sessions in virtual private client networks.

University of California researcher Hovav Shacham claims that bookmarks in Juniper software appeared in 2012 and 2014. In the latter case, an extraneous code when using a certain password allows you to access all the content of the company's products. A 2012 vulnerability changes the mathematical constant in Juniper Netscreen firewalls and provides user surveillance, Shaham said.

2015: A return to profit

On January 27, 2016, Juniper Networks released its annual financial statement. The American network equipment maker got rid of losses, but the revenue forecast was below Wall Street expectations.

According to data released by Juniper Networks, the company's net profit in 2015 amounted to $633.7 million against losses of $334.3 million a year earlier, when the company made a large markdown of intangible assets (the so-called goodwill) associated with the weak operation of the information security division.

Juniper Networks shook off losses, but revenue guidance was below Wall Street expectations

Juniper Networks revenue for 2015 rose 5%, reaching $4.86 billion. Adjusted revenue, which excludes sales by Junos Pulse in 2014, rose 7%.

In 2014, Juniper Networks spent about $167 million on restructuring, and a year later the company made a small profit from it. By the end of 2015, the vendor's accounts accumulated cash, its equivalents and investments in the amount of $3.19 billion against $3.11 billion a year earlier.

From the financial report of Juniper Networks, it also follows that in 2015 the company's revenue from the sale of products rose to $974 million from $794 million in 2014. The volume of the service business increased to $345.7 from $307.6 million.

2015 was a year of efficient work and product innovation for Juniper Networks, "says Rami Rahim, CEO of the company. - I am very proud of many of our achievements related to the growth of the company and revenue growth

In 2015, Juniper Networks earned $768.3 million on switching equipment against $721.2 million a year earlier. In the router market, revenue rose from $2.22 billion to $2.36 billion. The entire hardware business brought the manufacturer income of $3.56 billion, and service - $1.29 billion.

In January-March 2016, Juniper Networks forecast earnings in the range of 42 to 46 cents per share on revenue of $1.15-1.19 billion. In turn, analysts surveyed by Thomson Reuters expect indicators at 47 cents and $1.19 billion, respectively.^[11]

2014

Revenue decrease by 1%, year-end losses

On January 28, 2015, Juniper Networks presented the financial performance of its business in 2014. The American company went into loss due to impairment costs.^[12]

In January-December 2014, Juniper Networks revenue amounted to $4.6 billion, which is 1% less than a year earlier. Net loss was $334.3 million, or 73 cents per share, while net income of $439.8 million, or 88 cents per share, was generated in 2013.

The company's cash losses are associated with a markdown of intangible assets (the so-called goodwill) of $850 million. Most of it is related to the division that notifies Juniper Networks customers about possible threats to information security. The large costs in this subsidiary are due to its weak performance and a change in cybersecurity strategy.

Cybersecurity unit sends Juniper Networks at a loss

Operating expenses of Juniper Networks (excluding goodwill) amounted to $3.3 billion in 2014, which is almost $1 billion more than in the previous year. In this amount of costs, R&D investments and expenses for organizing sales and marketing took $1 billion each. In October 2014, the company announced plans to cut costs by an additional $100 million by optimizing management.

"2014 was a year of change for Juniper Networks, and I am pleased with the significant progress we have made, as we have successfully optimized the company, reduced costs, increased capital returns for shareholders and focused on the fastest growing market segments," said Rami Rahim Chief Executive Officer.

The Juniper Network report also states that in 2014 the company earned $721.2 million on switching equipment against $638 million a year earlier. In the router market, revenue rose from $2.2 billion to $2.3 billion. The entire hardware business brought the manufacturer income of $3.4 billion, and service - $1.2 billion.

In the corporate segment, Juniper Network gained about $1.5 billion in 2014, and telecom operators provided the company with income in the amount of $3.1 billion.

Rami Rahim appointed CEO

On November 10, 2014, the head of Juniper Networks, Shaygan Kheradpir, was dismissed due to an unsatisfactory assessment by the board of directors. A more accurate formulation is as follows:^[13]

CEO and resigned from the board after the board criticised his leadership qualities and behaviour during client negotiations. In these matters, the council does not share Heradpire's viewpoint. "

The company did not name the client because of which the head was fired, but noted that this event would not affect financial results.

The new head of Juniper was appointed Executive Vice President Rami Rahim, who began working for this company in 1997 and was responsible for product development and innovation. Rahim, 43, is one of the creators of Juniper's first product, the M40 router, and has also been involved in the development of routing software, which the company is increasingly focusing on. Rami Rahim also joined the board of directors.

As for 53-year-old Sheigan Heradpire, his future place of work is unknown. According to the terms of his employment contract with Juniper, the ex-head of the company will have to return part of the bonuses and payments within two years, the total amount of which is $2.85 million.

Sacked Juniper chief Sheigan Heradpir

Having headed Juniper in early 2014, Shagan Heradpir came under pressure from activist investors in the form of head funds Elliott Management and Jana Partners, which demanded that the head of measures to optimize the company's costs and business. As a result of this pressure, Heradpir launched a program to return at least $3 billion to investors through share buybacks and dividend payments.

According to analyst Andre Kindnis of Forrester Research, Juniper's problems are not in top management.

It doesn't matter who was replaced or how. In the difficult times that the industry is going through, everyone is trying to find a way to stay afloat. Juniper needs to return to core values, "the expert said, commenting on the news of Juniper's CEO change

2011: Certification of the Environmental Management System

In August 2011, it announced the completion of ISO 14001 certification following the implementation of an environmental management system at the enterprise. This certification is an external audit of the company's environmental indicators for the design, development, maintenance and support of software, systems and equipment of high-performance networks. Certification according to ISO 14001 requires the company to take into account and control the environmental consequences of its activities, industries and services. ISO 14001 also provides for continuous improvement of environmental indicators and implementation of a systematic approach to setting and achieving the goals and objectives of environmental management.

2010: Revenue growth of 23% to $4 billion

Net revenue for Q4 2010 increased 26% year-over-year and 18% year-over-year to reach 1.190 billion. For the year ended December 31, 2010, Juniper's revenue increased 23% year-on-year to 4.093 billion.

The Company disclosed GAAP net income for the 4th quarter of 2010 of $190.2 million. United States, or $0.35 US per share and non-GAAP net income of $228.6 million United States, or $0.42 U.S. per share. The increase in tax relief for R&D expenses was about $0.03. The United States per share accounted for in the calculation of GAAP and non-GAAP net income. Non-GAAP net income per share for the 4th quarter of 2010 increased by 31% compared to similar figures for the year and quarter. For the year ended December 31, 2010, GAAP net income was $618.4 million. United States, or $1.15 U.S. per share; non-GAAP net income was $710 million. United States, or $1.32 U.S. per share.

Non-GAAP net income per share for the year ended December 31, 2010 increased 43% compared to the previous year.

Juniper's Q4 2010 profit margin increased to 19.1% GAAP, up from 0.6% in the same period last year. Non-GAAP margin for Q4 2010 increased slightly to 24.5% from 24.4% in the same period last year. For fiscal year 2010, Juniper's profit margin increased to 18.8% GAAP from 9.4% for the previous fiscal year. The non-GAAP profit margin for fiscal year 2010 increased to 24.0% versus 20.2% in fiscal year 2009.

Juniper received $371.0 million Net operating income for Q4 2010 compared to $259.6 million In the year ended December 31, 2010, Juniper received $812.3 million in net operating income for the same quarter of 2009. Net operating income, compared to $796.1 million. United States in 2009

Capital expenditures and depreciation for the 4th quarter of 2010 amounted to $ 47.8 million. US $42.9 million United States, respectively. Capital expenditures and depreciation for the 2010 fiscal year amounted to $185.3 million. US $155.3 million United States, respectively.

2009: Social responsibility

Corporate Citizenship and Sustainability Report:

• Since 2008, Juniper has continued to replace physical servers in laboratories and data centers with virtual ones; this reduced the negative environmental impact of server environments by 30%.
• In 2009, almost 60% of Juniper's suppliers participated in the largest forum on disclosing carbon dioxide emissions, in particular, in a program developed for supplier chains. The purpose of the event is to make the amount of waste transparent throughout the supply chain.
• Juniper invests more than 800 million annually dollars USA in R&D to improve the company's products and support customers in integrating energy-efficient network practices into their operations. In particular, switchboards EX4200 and EX8200 series of the company consume 8-10% less energy than the corresponding equipment of competitors.
• The principles of simplification of the network infrastructure advocated by Juniper lead to a reduction in the number of equipment and connections, and therefore - higher efficiency and lower power costs for workflows and cooling. For example, a data center consisting of three thousand Ethernet servers using Juniper EX series switches consumes forty percent less power than a data center with a traditional three-tier architecture.
• Juniper became an example by beginning to measure and specify Energy Consumption Rating (ECR) - an energy efficiency indicator for each class of products.
• Since 2004, the company has been participating in the Carbon Disclosure Project, reporting on compliance with the norms.
• In 2009, the Juniper Networks Foundation awarded $855,000 in grants to non-profit organizations. Juniper employees have also raised more than $309,000 in donations to charities.

Notes