Juniper to Receive $175 Million in Cash and Equity in Patent Settlement with Palo Alto Networks

By David Hamilton Ending a lengthy battle over patents related to firewall technology, Juniper Networks and Palo Alto Networks have entered into a settlement agreement in which PAN will make a one-time payment to Juniper Networks of $75 million in cash and $100 million in shares of common stock and warrants to purchase common stock.

Source: Juniper to Receive $175 Million in Cash and Equity in Patent Settlement with Palo Alto Networks