UPDATE 2-Cisco, Juniper step up in "cloud" with deals

* Juniper buys “virtualization” security firm for $95 mln

* Cisco in partnership with BMC in cloud computing
(Recasts with both Cisco and Juniper announcements)

NEW YORK, Dec 6 (BestGrowthStock) – Leading U.S. network equipment
makers Cisco Systems Inc (CSCO.O: ) and Juniper Networks Inc
(JNPR.N: ) both announced deals to bolster their expertise in
increasingly popular cloud computing, or “virtualization”,
technology.

Virtualization and cloud computing products allow multiple
users to access remote computing power and data over the
Internet, and are increasingly in demand as large corporations
try to cut back on hardware in their data centers.

Juniper bought Altor Networks, a company specializing in
security for virtualization technology, for $95 million.

Juniper said Altor’s firewall and intrusion detection
systems will help companies that are adopting virtualization
but are worried about the security of the new arrangements.

Separately. Cisco said on Monday it formed a sales
partnership with with business software company BMC Software
Inc (BMC.O: ) to develop and sell new equipment to communications
service providers and other companies building cloud computing
infrastructure.

Juniper is trying to step up competition against its bigger
rival Cisco by expanding its sales focus from phone and cable
service providers to a broader, corporate client base.
(Reporting by Ritsuko Ando; Editing by Derek Caney)

UPDATE 2-Cisco, Juniper step up in "cloud" with deals