June 8, 2009
Juniper Networks and Nokia Siemens Networks announced that the two companies plan to form a joint venture to address the Carrier Ethernet Transport market. Headquartered in the Netherlands, the joint venture will be dedicated to managing and executing the Carrier Ethernet portfolio roadmap.
The
joint venture extends the previously announced partnership enhancement
designed to deliver to service provider customers a fully interoperable
Carrier Ethernet solution for mobile backhaul, business services and
residential broadband networks. The two companies say the planned
solution will enable customers to monetize their networks through a
faster time-to-market for new revenue-generating services and by
improving network efficiency, which in turn will drive down transport
costs.
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