Juniper Networks and Nokia Siemens Networks said that they have been granted regulatory approvals to form a joint venture that addresses the Carrier Ethernet market.
The companies said that the joint venture will provide Carrier Ethernet offerings for mobile backhaul, business and residential broadband networks.
Incorporated in Amsterdam, the joint venture, officially named “Carrier Ethernet Solutions” will be owned 60% by Juniper Networks and 40% by Nokia Siemens Networks.
The new offerings will consist of Juniper Networks MX Series Ethernet Services Routers and Nokia Siemens Networks’ A-series Carrier Ethernet Switches and end-to-end network management system including ‘point-and-click’ provisioning.
John Stewart, previously a vice president and general manager of the mobility and circuit emulation business unit at Juniper Networks, will lead the joint venture as chief executive officer, and Ton van den Boom, formerly senior manager in finance and control at Nokia Siemens Networks, will take on the role of chief financial officer.
The company will also have a supervisory board chaired by Manoj Leelanivas, senior vice president and general manager of the edge and aggregation business unit at Juniper Networks, while Bernd Schumacher, head of broadband connectivity solutions at Nokia Siemens Networks, will serve as vice chairman.
John Stewart, said: “The Juniper-Nokia Siemens Networks joint venture will offer the industry’s best unified Carrier Ethernet solution from metro access to aggregation, fully interoperable with IP/MPLS core and managed by Nokia Siemens Networks ‘point and click’ network management system.
“Our customers will be able to leverage the solution to offer new revenue-generating services while lowering transport costs and total cost of ownership. We look forward to offering this powerful solution to new and existing service provider customers.”
The plans call for the new offerings to be sold by both companies with a targeted introduction date of the first calendar quarter of 2010.
