Juniper software/security division chief resigns

|About: Juniper Networks (JNPR)|By:, SA News Editor

Bob Muglia, head of Juniper's (JNPR -1.3%) Software Solutions Division (SSD), has resigned. No replacement has yet been named. (8-K)

SSD. whose sales mostly revolve around Juniper's slumping security hardware/software unit, accounted for 21% of the company's Q3 revenue. Sales fell 15% Y/Y to $246.3M, with security revenue dropping 18% to $144.3M and routing software revenue dropping 49% to $14.6M (services revenue rose 2%).

Muglia's departure could be tied to Juniper's recent CEO change. It comes as Juniper makes a big push into the software-defined networking (SDN) controller space, via its open-source OpenContrail controller.