Juniper, Nokia Siemens form joint venture to target telecom carriers

Juniper and Nokia Siemens Networks said Thursday that they are forming a joint venture to target telecom carriers. 

The specifics (statement): 

• The joint venture will be headquartered in the Netherlands;
• Juniper and Nokia Siemens will combine carrier Ethernet products into one portfolio;
• That portfolio includes: Juniper Networks MX Series Ethernet Services Routers, Nokia Siemens Networks A-series Carrier Ethernet Switches as well as Nokia Siemens’ network management system;
• And both companies will sell the lineup from the joint venture, which competes with the likes of Cisco and Alcatel Lucent.

The deal is expected to close in the fourth quarter. The joint venture is expected to have more than 200 telecom customers.