Juniper backdating

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A European headquarters was established in the United Kingdom and an Asia-Pacific headquarters in Hong Kong.A subsidiary was created in Japan and offices were established in Korea in 1999.conceived the idea for Juniper Networks while on vacation in 1995 and founded the company in February 1996.At the time most routers used for Internet traffic were intended for phone calls and had dedicated circuits for each caller.This was followed by a 9 million settlement with stockholders in February 2010.Johnson focused the company more on software, creating a software solutions division headed by a former Microsoft colleague, Bob Muglia.Juniper grew to 3 million in annual revenues by 2000.By 2001 it had a 37% share of the core routers market, challenging Cisco's once-dominant market-share.

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Juniper Networks filed for an initial public offering in April 1999 and its first day on the NASDAQ was that June.Both companies made exaggerated marketing claims; Juniper promoted its products as stable enough to make IT staff bored and Cisco announced lab tests from Light Reading proved its products were superior to Juniper, whereas the publication itself reached the opposite conclusion.In 2006, more than 200 US companies restated their financial results due to a series of investigations into stock backdating practices. is an American multinational corporation headquartered in Sunnyvale, California that develops and markets networking products.Its products include routers, switches, network management software, network security products and software-defined networking technology. It received several rounds of funding from venture capitalists and telecommunications companies before going public in 1999.

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