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Juniper Networks Doles Out $176 Million For Contrail Systems
2012-12-13 16:17:57

On Wednesday Juniper Networks, manufacturer of networking equipment, disclosed that in an SEC filing its plans to purchase networking startup Contrail Systems for $176 million in stock and cash.


Word of the Day
cowpooling
  • The practice of two or more parties jointly purchasing all or part of a butchered cow and dividing the meat between them.
The word 'cowpooling' was formed on the model of 'carpooling'.