After a brief courtship, Juniper Networks and Nokia Siemens announced this week that they have received regulatory approvals for Carrier Ethernet Solutions BV, their new Carrier Ethernet venture. Located in Amsterdam, the newly formed company will sell its wares to carriers with wireless backhaul, business and residential broadband network needs. This is the second major venture the two companies have put in place, as they announced a joint effort to create optical interfaces to optical networking and components in June.
Juniper will take the lead role in the venture, as it is funded by the two companies on a 60/40 split, but the management structure will incorporate a mixture of NSN and Juniper executives. John Stewart, who served as the VP and general manager of Juniper's Mobility and Circuit Emulation Business unit, will lead the joint venture, and Ton van den Boom, a senior manager in NSN's financial division, will serve as CFO. In addition, Manoj Leelanivas, who was Juniper Networks' vice president and general manager of the Edge and Aggregation Business Unit at Juniper Networks, will chair the company's advisory board.
Set on fulfilling the service provider's need for Carrier Ethernet Services Routing, the joint product set will incorporate Juniper's MX Series Ethernet Services Routers and NSN's A-Series Carrier Ethernet Switches and management system.
- see the release here
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