Summary #JuniperNetworks has announced a deal to acquire security software company #Cyphort for an undisclosed sum. Cyphort has developed software that is complementary to #SIEM systems to enhance enterprise defenses against cyber security threats. The deal builds on Juniper's initiatives to transition its business model to a more balanced hardware and software approach to providing networking capabilities.  Quick Take Networking technology company Juniper Networks (JNPR) has announced its intent to acquire Cyphort for an undisclosed amount. Cyphort provides real-time security analytics to mid- and large-sized enterprises for advanced threat defense. With the acquisition, Juniper wants to continue building on its software-defined network security offerings as it makes the transition from a primarily hardware-driven supplier to a more balanced hardware/software solutions provider. Target Company Santa Clara, California-based Cyphort was founded in 2011 to create an open architecture system that integrates with existing SIEM (Security Information and Event Management) tools to enhance threat visibility by using machine learning and behavioral analytics. Management is headed by President and CEO Manoj Leelanivas, who joined the firm in 2013 and was previously EVP Sales at Juniper Networks.
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