Juniper Networks Inc was incorporated in California in 1996 and reincorporated in Delaware in 1998. The Company designs, develops and sells products and services for high-performance networks, which combine scale and performance with agility and efficiency. The Company's routing, switching and security products address the high-performance networking requirements of service providers, enterprises, governments, and research and public sector organizations. Its software, silicon, and systems represent innovations that transform the experience and economics of networking, helping customers achieve superior performance, greater choice, and flexibility, while reducing overall total cost of ownership. The Company conducts its business all over world and are managed, operated, and organized by functional departments that operate on a consolidated basis. As a result, it operates in one reportable segment. The Company does its business in geographic regions: Americas, Europe, Middle East, and Africa; and Asia Pacific. Its segment offer services, including technical support and professional services, as well as educational and training programs to its customers. The Company also provides Junos OS, application-specific integrated circuit technology, and network-optimized product architecture. The Company also conducts Research and Development in the fields of high-end computing, network system design, ASIC design, security, routing protocols, software applications and platforms, and embedded operating systems. The Company competes with network infrastructure markets. Its principal competitors also include Alcatel-Lucent, which merged with Nokia Corporation; Arista Networks, Inc., or Arista; Brocade Communications Systems, Inc., or Brocade; Hewlett Packard Enterprise Co., or HP; and Huawei Technologies Co., Ltd., or Huawei. The Company is subject to regulations that have been adopted with respect to environmental matters, such as the Waste Electrical and Electronic Equipment ("WEEE"), Restriction of the Use of Certain Hazardous Substances in Electrical and Electronic Equipment ("RoHS"), and Registration, Evaluation, Authorization, and Restriction of Chemicals ("REACH") regulations adopted by the European Union and China.
Benzinga is a fast-growing, dynamic and innovative financial media outlet that empowers investors with high-quality, unique content.