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Juniper, NetScreen Move On
LAS VEGAS -- Juniper Networks Inc. (Nasdaq: JNPR) has almost finished gobbling up NetScreen Technologies Inc. (Nasdaq: NSCN), but the company was tight-lipped on its product roadmap here at Networld+Interop in Las Vegas.
Since finalizing its $4 billion acquisition of NetScreen last month (see Juniper/NetScreen Merger OK'd), the company has been working furiously to merge the security firm into its infrastructure, according to Paula Reinman, the companys director of corporate communications.
Juniper is now nearly halfway through a 75-day project to merge its IT systems with those of NetScreen, and it has already consolidated its Microsoft Outlook and directory systems. "It's moving along quite aggressively," says Reinman.
Next week, the two companies will complete the merger of their two sales forces, and NetScreen will finish its move into Juniper's Sunnyvale, Calif., headquarters in July. But the merger has not been without disruptions approximately 100 jobs have been lost from areas such as finance and IT.
Reinman was unwilling to provide any information on when we are likely to see joint products, although she did confirm that the NetScreen brand will not disappear. "We will keep the NetScreen name and the brand equity that they have built, but the company name is Juniper."
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