Netrounds Acquired by Juniper Networks
Bowen Advisors Serves as Strategic Advisor to Netrounds
BOSTON, November 12, 2020 – Bowen Advisors is pleased to announce that Netrounds, the leader in automated life cycle service assurance for software-defined, cloud-native carrier and enterprise networks, has been acquired by Juniper Networks (NYSE: JNPR). Bowen Advisors acted as the exclusive sellside M&A advisor to Netrounds in this transaction.
Headquartered in Luleå, Sweden, Netrounds provides key solutions to achieve fully automated networks. Netrounds’ software enables automated Day 1 activation testing in the service orchestration process and continuous, ubiquitous Day 2 life cycle assurance testing integrated directly into software-defined and virtual service fabrics. Moving past today’s external, reactive approaches to quality assurance, Netrounds provides the proactive and real-time turn-up and monitoring required for advanced virtual services such as SD-WAN, hybrid clouds and 5G network slicing. Over 150 customers across mobile network operators, service providers, government and global enterprises rely on Netrounds today.
Netrounds will complement and extend Juniper’s assurance solutions, enabling Juniper to fully automate the complexities of testing and active monitoring of customer service experiences at scale.
“We chose Bowen Advisors because of their strategic vision, in-depth knowledge of the market, and strong track record with disruptive networking technology companies. Bowen Advisors provided us with sound advice throughout the process and helped us achieve the best outcome for our employees and investors. We look forward to continuing serving our customers as a part of Juniper Networks,” said Mats Nordlund, CEO and Co-Founder of Netrounds.
“We believe the shift to cloud-native, edge-centric and virtualized architectures will provide tremendous benefits to end-users and network owners alike,” said William Rich, Managing Director at Bowen Advisors. “Companies such as Netrounds, which make these new architectures possible, will continue to be strategically valuable as virtualization and necessary mass-scale automation become mainstream. As a leading investment bank in cloud, communications and networking, we look forward to working with other innovators in these dynamic market sectors.”