NetScreen Technologies
Encyclopedia
NetScreen Technologies was acquired by Juniper Networks
Juniper Networks
Juniper Networks is an information technology and computer networking products multinational company, founded in 1996. It is head quartered in Sunnyvale, California, USA. The company designs and sells high-performance Internet Protocol network products and services...

 for US$ 4 billion stock for stock in 2004.

NetScreen Technologies developed ASIC-based Internet security systems and appliances that delivered high performance firewall, VPN and traffic shaping functionality to Internet data centers, e-business sites, broadband service providers and application service providers. NetScreen was the first firewall manufacturer to develop a gigabit-speed firewall, the NetScreen-1000.

History

NetScreen Technologies was founded by Yan Ke, Ken Xie
Ken Xie
Ken Xie is an American businessman who founded Fortinet and NetScreen. He serves as CEO of Fortinet and was previously the CEO of NetScreen, which was acquired by Juniper Networks for $4 billion in 2004...

, and Feng Deng. Ken Xie, Chief Technology Officer and co-founder was also the CEO until Robert Thomas joined in 1998.

Robert Thomas, NetScreen's president and chief executive officer, came to NetScreen in 1998 from Sun Microsystems, where he was General Manager of Intercontinental Operations for Sun's software business, which includes security, networking, and Internet tools.

Ken Xie left NetScreen in 2000 to found Fortinet
Fortinet
Fortinet is headquartered in Sunnyvale, California and specializes in network security appliances. Fortinet’s flagship product line is sold under the brand name of FortiGate.-Corporate Overview:...

, a competing ASIC-based firewall company.

In 2003 NetScreen hired Anson Chen as its vice president of research and development. Anson Chen, a 12 year veteran of Cisco Systems, Inc. and its former vice president and general manager of the Network Management and Services Technology Group, lead engineering, research and development efforts for NetScreen's entire product line, including its firewall, IPSec virtual private network (VPN) and intrusion detection and prevention technologies. Chen also had functional management responsibility for NetScreen's secure access products.

NetScreen's core IPS technology was acquired by the purchase of OneSecure, Inc. for US$ 40 million in stock in 2002. OneSecure was created by Israel
Israel
The State of Israel is a parliamentary republic located in the Middle East, along the eastern shore of the Mediterranean Sea...

i engineer Nir Zuk, who previously was one of Check Point Software
Check Point
Check Point Software Technologies Ltd. is a global provider of IT security solutions. Best known for its firewall and VPN products, Check Point first pioneered the industry with FireWall-1 and its patented stateful inspection technology...

’s first employees.

Aftermath

Yan Ke and Feng Deng stayed with Juniper after the acquisition but then left Juniper in 2005 and started Northern Light Venture Capital, a China concept venture capital firm focused on early and growth stage opportunities in TMT, consumer, clean technologies, and life science industries.

Nir Zuk stayed with Juniper after the acquisition but then left in 2005 to start a new company, Palo Alto Networks. Palo Alto Networks products are similar to OneSecure/NetScreen/Juniper's IPS technology as they share a common heritage.
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