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The deal will also integrate Riverbed's Steelhead mobile technology with Juniper's Pulse client, potentially strengthening both firms' positions in the smartphone and tablet sectors.
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Juniper executive vice president of software solutions Bob Muglia said in a statement that Riverbed's technology helps fill gaps in its product lineup.
"Riverbed's application acceleration and WAN optimization solutions will complement our strategic focus on delivering high-performance networking infrastructure and further enhance our position in both and consumer and business device domains," he said.