Mist Systems Sells to Juniper Networks

Palo Alto – April 2, 2019 – Cooley advised Mist Systems, a pioneer in cloud-managed wireless networks powered by artificial intelligence, on its $405 million sale to Juniper Networks. Partners Mark Medearis and Steve Tonsfeldt led the Cooley team advising Mist Systems on the transaction.

The deal will enhance Juniper’s enterprise networking portfolio by combining Mist’s next-generation wireless LAN platform with Juniper’s best-in-class wired LAN, SD-WAN and security solutions to deliver unsurpassed end-to-end user and IT experiences. 

“Mist Systems has developed a unique blend of wireless, AI and cloud expertise that has enabled us to stand out from the competition and bring much needed innovation to the wireless space,” Sujai Hajela, CEO of Mist Systems, said in a statement. “By combining these proficiencies with Juniper’s expansive channel reach, world-class support and best-in-class networking and security products, we believe we will be well poised to change the IT landscape by ushering in a new generation of AI-driven products.”

Mist built the first AI-driven wireless LAN, which makes Wi-Fi predictable, reliable and measurable and enables scalable indoor location services like wayfinding, proximity messaging and asset visibility.

About Cooley LLP

Clients partner with Cooley on transformative deals, complex IP and regulatory matters, and high-stakes litigation, where innovation meets the law.

Cooley has 1,000+ lawyers across 14 offices in the United States, China and Europe.

This content is provided for general informational purposes only, and your access or use of the content does not create an attorney-client relationship between you or your organization and Cooley LLP, Cooley (UK) LLP, or any other affiliated practice or entity (collectively referred to as “Cooley”). By accessing this content, you agree that the information provided does not constitute legal or other professional advice. This content is not a substitute for obtaining legal advice from a qualified attorney licensed in your jurisdiction and you should not act or refrain from acting based on this content. This content may be changed without notice. It is not guaranteed to be complete, correct or up to date, and it may not reflect the most current legal developments. Prior results do not guarantee a similar outcome. Do not send any confidential information to Cooley, as we do not have any duty to keep any information you provide to us confidential. This content may be considered Attorney Advertising and is subject to our legal notices.