The speed behind Neoteris’ funding was echoed in their outcome. Neoteris was soon acquired by NetScreen. Three months later, Juniper Networks announced its intention to acquire NetScreen for approximately $4 billion. One of the largest technology acquisitions in years, it represented the second liquidity event for this investment in only four months.
Wednesday, January 18, 2006
Kitu joins NEA as GP
Tid bits on Neoteris:
The speed behind Neoteris’ funding was echoed in their outcome. Neoteris was soon acquired by NetScreen. Three months later, Juniper Networks announced its intention to acquire NetScreen for approximately $4 billion. One of the largest technology acquisitions in years, it represented the second liquidity event for this investment in only four months.
The speed behind Neoteris’ funding was echoed in their outcome. Neoteris was soon acquired by NetScreen. Three months later, Juniper Networks announced its intention to acquire NetScreen for approximately $4 billion. One of the largest technology acquisitions in years, it represented the second liquidity event for this investment in only four months.
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