Juniper Networks, Inc. and Nokia Siemens Networks, today announced that they have been granted regulatory appr...
September 8, 2009
Juniper Networks, Inc. and Nokia Siemens Networks, today announced that they have been granted regulatory approvals to form a joint venture that addresses the Carrier Ethernet market.
The joint venture will offer a Carrier Ethernet solution for mobile backhaul, business and residential broadband networks. Incorporated in Amsterdam under the name ‘Carrier Ethernet Solutions B.V.,’ the joint venture company will be owned 60% by Juniper Networks and 40% by Nokia Siemens Networks.
John Stewart, previously vice president and general manager of the Mobility and Circuit Emulation Business Unit at Juniper will lead the joint venture company as CEO.