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Juniper Networks entered the IT security market with its own JProtect security toolkit in 2003 before acquiring security company Net Screen Technologies the following year.It entered the enterprise segment in the early 2000s, which accounted for one-third of revenues by 2005.A fairly common practice in the 2000s tech world, backdating allowed companies to reward executives with more lucrative stock options by claiming the options were issued at an earlier time, thus allowing the exec to buy at a lower price when the options vested.While the backdating can be legal if properly disclosed and documented, many companies illegally worked the tactic and ran afoul of the law.Could it have been shared between executives on cocktail napkins at a local bar in California?Or was it simply a coincidence, driven by Silicon Valley’s zeal for stock options before the dotcom bust?He was later found in Namibia, and prior to returning to the US last August had spent a decade fighting extradition from the African nation.That period on the lam was factored in by Judge Garaufis when he handed down the record sentence.

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Alexander has already had to pay a m penalty, thanks to a 2010 settlement with the US Securities and Exchange Commission.Juniper Networks is an American multinational corporation headquartered in Sunnyvale, California that develops and markets networking products.Its products include routers, switches, network management software, network security products and software-defined networking technology. It received several rounds of funding from venture capitalists and telecommunications companies before going public in 1999.Juniper Networks originally focused on core routers, which are used by internet service providers (ISPs) to perform IP address lookups and direct internet traffic.Through the acquisition of Unisphere in 2002, the company entered the market for edge routers, which are used by ISPs to route internet traffic to individual consumers.

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