The other is an unidentified operator in the Asia/Pacific theater. One is Cloudwatt, the largest public-cloud provider in France, according to Juniper. On the software-defined networking (SDN) front, Kheradpir noted that two large public clouds went live with Contrail software during the second quarter.

That’s well down from the $102.4 million in sales that the SRX collected in the fourth quarter of 2013. That means a continued emphasis on the SRX product line, which saw revenues grow 9 percent compared with last year’s second quarter, to $79.6 million.

Security is one such focus, as Kheradpir mentioned during today’s earnings call, but Juniper’s roots lie in network infrastructure, not end-user devices, and the security strategy is aimed at “ projects with the highest ROI,” he said. That’s all very nice, but new CEO Shaygan Kheradpir is on a mission to trim Juniper and refocus on its core businesses. It involved putting a software agent on the device, through which an operator could offer security or location-based services. Junos Pulse was pitched as a way for mobile operators to offer services through their customers’ mobile devices. Asked during the call whether Pulse actually made money, Denholm said it was “mildly accretive for us over the years” but didn’t fit Juniper’s longer-term strategy. During the second quarter, Pulse contributed $31.4 million in revenues, down from $34.9 million in the second quarter a year ago. The loss of Junos Pulse will be immaterial to third-quarter revenues, Juniper CFO Robyn Denholm said on the earnings call. The sale is expected to close late in the third quarter. SMobile, acquired for $70 million in 2010, was added to Junos Pulse as well. The product also included network access control (NAC) technology acquired with Funk Software in 2005, a $122 million deal. That’s not all there was to Junos Pulse, either. Either way, it’s not a great return, especially considering that deal culminated in 2003. Technically that deal was executed by Netscreen which was then acquired by Juniper. Not bad - until you consider Junos Pulse originated with the $265 million acquisition of Neoteris. Siris Capital is buying Pulse for $250 million, Juniper announced today in conjunction with its second-quarter earnings. With its reorganization apparently approaching completion, Juniper Networks did a bit of housekeeping that analysts had predicted in April: It sold off Junos Pulse.

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