Juniper Networks is confident that security will be a key revenue driver in the next year for the company as more service providers and enterprise customers purchase its SRX platform and security software.
Juniper Networks would be a good fit for Ericsson if the Swedish infrastructure company decides it needs a large-scale acquisition to fend off a combined Nokia and Alcatel-Lucent, analysts at Credit Suisse said.
Verizon Communications will move to a software-centric network architecture to reduce costs and deliver new services to customers faster. The company today announced that Alcatel-Lucent, Cisco Systems, Ericsson, Juniper Networks and Nokia Networks will be its five initial software-defined network vendors.
Speculation over Ericsson's future strategy has intensified following Nokia's announcement this week that it plans to buy Alcatel-Lucent, with some saying the Sweden-based vendor will be forced to expand its fixed-line business.
Juniper Networks has named Jonathan Davidson as its new executive vice president and general manager of Development and Innovation, taking over the role from Rami Rahim, who was recently named CEO.
Shaygan Kheradpir has resigned from his post as CEO of Juniper Networks following a review the company's board of directors made of his conduct related to a negotiation with one of their customers.
Juniper Networks has issued lower Q3 2014 guidance, announcing that it expects revenues of $1.1 to $1.12 billion, down from its previous forecast of $1.15 to $1.2 billion. The Sunnyvale, Calif.-based company attributes the decline to lower-than-expected service orders from service providers, particularly those in the United States.
Cisco might still be the dominant router vendor in terms of units sold, but its influence appears to be slipping.
AT&T is enhancing its growing cloud services ambitions by adding Alcatel-Lucent and Fujitsu to its User-Defined Network Cloud program it initially launched in February.
Service providers may be interested in adopting software-defined networking (SDN) and network functions virtualization (NFV), but Infonetics says their cautious outlook on these technologies is driving them to be more cautious with spending capital on new routers and switches.