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Technology Stocks : Juniper Networks - JNPR
JNPR 39.950.0%Jul 2 5:00 PM EST

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To: Michael Wilson who started this subject5/22/2002 5:46:58 AM
From: Ibexx  Read Replies (1) of 3350
 
A VERY BIG DEAL: Wednesday May 22, 3:46 am Eastern Time
Reuters Company News
Juniper to provide IP infrastructure to NTT Com

NEW YORK, May 22 (Reuters) - Juniper Networks Inc. (NasdaqNM:JNPR - News) on Wednesday said it had reached a deal to become the global provider of Internet infrastructure and services to NTT Com, a unit of Japan's Nippon Telegraph and Telephone Corp. (Tokyo:9432.T - News).

The announcement comes two days after Juniper said it was buying Unisphere Networks Inc., a unit of Siemens AG (XETRA:SIEGn.DE - News), for about $740 million in cash and stock as it continues to expand its line of equipment that directs traffic on the Web.

Tokyo-based NTT Com provides long-distance and international services for voice, video and data communication in over 200 countries.

Ibexx
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