back to article Bolshy investor pushes Juniper Networks into restructuring plan

Juniper Networks has bowed to pressure from hedge fund Elliott Management, accepting demands from the fund, apparently including appointing two directors it proposed. Elliott has been campaigning for change at the company, recommending that it return some of its capital to shareholders and nominating two directors to the board …

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  1. Anonymous Coward
    Anonymous Coward

    Hedge fund restructuring

    Does this ever work out well for IT companies?

    The road ahead doesn't look so great for networking companies (or any other IT hardware companies) where virtualization is eating into their sales and cloud providers are trying to commoditse their markets.

    Reducing their working capital is bound to help....

    1. CheesyTheClown

      Re: Hedge fund restructuring

      Odd... As a Cisco guy (not employee), I've seen virtualization increase sales and profits per port substantially. I guess those virtual networks don't come with a replacement for virtual cabling.

  2. Emperor Zarg

    Watch out Juniperians! Layoffs are probably on the near-horizon.

  3. Andus McCoatover
    Windows

    Am I missing something???

    Or are two juorno's spending lunchtime in different bars???

    http://www.theregister.co.uk/2014/02/21/nokia_may_consider_merging_with_juniper_report/

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