SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) ~~of the~~

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): ~~January~~February 219, 2004

NETSCREEN TECHNOLOGIES, INC.

(Exact Name of Registrant as Specified in its Charter)

Delaware


	Delaware
	(State or Other Jurisdiction of Incorporation)

0-33387		77-0469208
(Commission File Number)		(IRS Employer Identification No.)

805 11th Avenue, Building 3, Sunnyvale, California		94089
(Address of Principal Executive Offices)		(Zip Code)

(State or Other Jurisdiction of Incorporation)

0-33387		77-0469208
(Commission File Number)		(IRS Employer Identification No.)

805 11th Avenue, Building 3, Sunnyvale, California		94089
(Address of Principal Executive Offices)		(Zip Code)

(408) 543-2100

(Registrant’s Telephone Number, Including Area Code)

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Item ~~12:~~5. ~~Results~~Other ~~of Operations and Financial Condition~~Events.

On ~~January~~February 219, 2004, NetScreen Technologies, Inc. announced that it has signed an agreement to be acquired by Juniper Networks, Inc. in a ~~Delaware~~stock-for-stock merger ~~corporation,~~transaction. ~~issued~~Shares of NetScreen Technologies stock will be exchanged for shares of Juniper Networks stock at a ~~press~~fixed ~~release~~exchange ~~announcing~~ratio ~~earnings~~of 1.404 shares of Juniper Networks common stock for each outstanding share of NetScreen Technologies common stock. The acquisition is expected to close in the second quarter ~~ended~~of ~~December~~calendar 31year 2004 and is subject to customary closing conditions, ~~2003~~including approval by the stockholders of both companies and regulatory approvals. ~~The earnings~~A ~~press~~copy of the joint press release, ~~which~~issued ~~has~~by ~~been~~Juniper ~~attached~~Networks asand ~~Exhibit~~NetScreen ~~99.01,~~Technologies ~~discloses~~on ~~certain~~February ~~“pro-forma”~~9, ~~financial~~2004 ~~measures~~concerning ~~that~~the ~~are~~foregoing ~~not~~transaction ~~presented~~is infiled ~~accordance~~as ~~with~~Exhibit ~~United~~99.1 ~~States~~to ~~generally~~this ~~accepted~~report ~~accounting~~and ~~principles,~~is orincorporated ~~GAAP~~by reference herein.

~~Management~~Item ~~uses~~7. ~~this~~Financial ~~non-GAAP~~Statements ~~information to monitor~~ and ~~evaluate on-going operating results and trends that affect our core business~~Exhibits. We believe that this non-GAAP information provides investors with information that highlights the underlying performance of our business. In addition, because we have historically reported certain non-GAAP results to investors, we believe the inclusion of non-GAAP numbers provides consistency in our financial reporting.

~~However,~~(c) ~~these~~Exhibits non-GAAP measures should be considered supplemental to, and not a substitute for or superior to, net income, income from operations, operating expense, gross margin, operating profit margin, earnings per share or other measures of financial performance prepared in accordance with GAAP. The non-GAAP measures included in our press release have been reconciled to the comparable GAAP measure in the press release furnished as an exhibit to this report.


Exhibit Number		Description of Exhibit
99.1		Joint press release of NetScreen Technologies, Inc. and Juniper Networks, Inc., dated February 9, 2004.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned ~~hereunto~~ thereunto duly authorized.

	NETSCREEN TECHNOLOGIES, INC.		~~NETSCREEN TECHNOLOGIES, INC.~~
Date: January 21, 2004			By:	/s/ Robert D. Thomas
Date: February 10, 2004	By:	/S/ REMO E. CANESSA
				Robert D. Thomas President, Chief Executive Officer
		Remo E. Canessa
		Chief Financial Officer

INDEX TO EXHIBITS

Exhibit No.		Description of Exhibit
ExhibitNumber		Description of Exhibit
99.01		Press release dated January 21, 2004*
99.1		Joint press release of NetScreen Technologies, Inc. and Juniper Networks, Inc., dated February 9, 2004.

* This exhibit is intended to be furnished and shall not be deemed “filed” for purposes of the Securities Exchange Act of 1934, as amended.

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