BWSI: Blue Wave Systems, Inc. Message Board

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Technology Stocks : BWSI: Blue Wave Systems, Inc.

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To: John F Beule who wrote (4)	12/4/2000 4:49:31 PM
From: Danny Hayden	Read Replies (2) of 9

eet.com By Craig Matsumoto EE Times (12/01/00, 12:03 p.m. EST) SAN MATEO, Calif. — Ericsson and Juniper Networks Inc. have agreed to pool $50 million during 2001 to fund a joint venture that will develop routers for mobile networks. The arrangement extends the companies' existing alliance to build routers for traditional networks. The joint venture hopes to prepare for the infrastructure that will be required if 3G wireless services take off, said Scott Kriens, chief executive of Juniper. Specifically, the venture seeks to develop a gateway system, compliant with Internet Protocol version 6, that would link cellular basestations with the Internet backbone, Kriens said. The new company, 60 percent owned by Ericsson and 40 percent by Juniper, will design routers solely for Ericsson's customers. Ericsson will use existing product lines from both companies until the joint venture's first products arise. In a conference call with analysts, Kriens dodged questions regarding the planned venture's probable revenue. "Our focus is not so much on the revenue but on the power it brings to the portfolio of both companies,” he said. The joint venture has a board of directors drawn from the two parent companies. A chief executive officer will be chosen from Ericsson, and a chief operating officer will be selected from Juniper. Looks like they are still in developing. Danny

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